Aikenhead's Hardware

Last updated
Aikenhead's Hardware
IndustryService
PredecessorRidout's Hardware Store
Founded1830
FounderJoseph Ridout
James T.E. Aikenhead
Alexander Crombie
Defunct1994
Fateacquired by The Home Depot and became its Canadian unit
Successor Home Depot Canada
Headquarters Ontario, ,
Number of locations
5
Area served
Canada
Key people
Joseph Ridout
James T.E. Aikenhead
J. Wilfred Aikenhead
Thomas E. Aikenhead
Alexander Crombie
ProductsHardware
OwnerAikenheads family 1901-1971
Molsons 1971-1994
Parent Aikenhead Hardware Company 1893-1901
Aikenhead Hardware Limited 1901-1971
Molsons 1971-1994

Aikenhead's Hardware was a chain of Canadian hardware stores located in Greater Toronto, Southern Ontario and northern Ontario. The original store was founded in Toronto in 1830 as "Ridout's Hardware Store" by Joseph Ridout and was located on the corner of King Street and Yonge Street. [1]

In 1868, two employees, James Aikenhead and Alexander Crombie, became partners in the company and renamed it "Ridout, Aikenhead, & Crombie". It became Aikenhead's in 1893, when Aikenhead bought out Ridout and Crombie. [2]

In 1971 the Aikenhead family sold their chain to Molson, which later started a warehouse in 1991 to head off American chain The Home Depot. Molson sold their 75% stake to Home Depot in 1994, and it became the Canadian unit. [3] (Molson exited the hardware business with the sale of Beaver Lumber in 1999 to Home Hardware. Molson had acquired a year after the purchase of Aikenhead's.)

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References

  1. "Company". Angelfire . Archived from the original on 2007-05-16.
  2. Kearney, Mark; Ray, Randy (September 2002). "James Aikenhead: Aikenhead's Hardware". I Know That Name!: The People Behind Canada's Best Known Brand Names from Elizabeth Arden to Walter Zeller. Dundurn. pp. 21–23. ISBN   9781550024074 . Retrieved 2010-08-14.
  3. http://www.trentu.ca/admin/library/archives/89-014.htm%5B%5D