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Aug 08 2012

Westlake Hardware to Close Store in Independence, MO

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LENEXA, Kan. August 8, 2012 — Westlake Ace Hardware announced today it will close its store located at 4545 South Noland Road, in Independence, Mo. The last day of business for the store will be Sunday September 2, 2012. Company officials stated that financial performance has not been at the level necessary to continue its operation. The Company will continue to operate the second Independence Westlake store located at 415 East 24 Highway.

"We regret we will no longer be able to serve the Independence community with the store on Noland Road," said George Smith, CEO of Westlake Hardware. "We want to sincerely thank our associates in the Independence store for all their hard work. Because of our commitment to our associates, we are working hard to support the store team through the transition period."

Westlake Ace Hardware has been operating hardware stores in Missouri and several other states for more than a century. The greater Kansas City area is home to 20 Westlake Ace hardware locations. The decision to close the location on Noland Road will not impact other stores in the area.

"Westlake Hardware is strong and well positioned for future growth. Keeping our store portfolio healthy and vibrant is a top priority for our company," added Smith. "Though closing a store is never an easy decision, it allows us to redeploy assets, open new stores, implement new merchandising programs, and invest capital in existing locations."

Westlake Ace Hardware was founded in 1905 and today operates 85 neighborhood hardware stores in Missouri, Kansas, Nebraska, Iowa, Oklahoma, Texas and New Mexico. Westlake is the largest member of the Ace Hardware Cooperative, giving the company access to over 70,000 items. Westlake product categories include traditional hardware categories such as fasteners, tools, plumbing and electric supplies and paint. Westlake also offers a wide range of lawn and garden products and operates large Garden Centers adjacent to many of its stores.

For more information about the company, or to find the Westlake location nearest you, please visit westlakehardware.com.

Corporate Contact: Liz Benditt, 913.888.8438