Sentinel staff report–
Ace Hardware, which opened more than 150 stores last year, is reportedly expanding its footprint to Citrus Heights this year.
The Sacramento Business Journal reported Friday that an Ace Hardware franchisee is planning to open a 14,200-square-foot store at 8079 Madison Ave. later this year. The store will be located on the border of Citrus Heights and Fair Oaks, near the corner of Madison Avenue and Fair Oaks Boulevard.
According to The Journal, the location has been vacant for about six years, with its most recent tenant being Beverly Fabrics. The new store will be called Miller’s Ace Hardware, after franchise owner Jessica Greenfield’s son.
The store will take up the anchor spot at the Almond Orchard shopping plaza. The center is owned by Sacramento-based Ray Stone Inc., according to The Journal. Other tenants include a pastry shop and a hair salon.
Ace Hardware has more than 5,600 locally owned stores in all 50 states and 65 countries. Its latest third quarter revenues for 2022 were $2.2 billion, up 10 percent from the same quarter in 2021, according to a Nov. 16 news release from the company.
