Ace Hardware International Holdings, Ltd. has signed an agreement to be a wholesale supplier to Mitre 10, New Zealand’s largest home improvement retailer.
Mitre 10 is a cooperative comprised of 81 member-owned stores throughout New Zealand. Retail locations vary in size from convenience formats to a larger “mega” layout, with many of the Mitre 10 stores serving the convenience hardware customer, much like Ace Hardware stores, noted the retailer.
The agreement, effective July 1, will see Mitre 10 not only expand its product offering through a single source of products from the U.S., but also benefit from shared knowledge and information and the ability to strengthen its supply chain capabilities. New products sourced from Ace Hardware are expected to hit Mitre 10 store shelves later this year. As well as providing national product solutions, the agreement also provides individual Mitre 10 stores the opportunity to purchase merchandise from Ace Hardware directly.