Costello’s Ace Hardware, a New York-based firm and one of the nation’s largest family-owned Ace Hardware retailers, has acquired Appomattox True Value, located at 7194 Richmond Hwy, Appomattox, Va., 24522. This acquisition marks a significant shift for the local business, which had previously operated under local ownership since its founding.
The Appomattox True Value is the direct successor to the Appomattox Hardware Company, originally organized in 1913. Mark Malkiewicz purchased the business in 1996, maintaining its longstanding tradition of community-focused service and local reliability. In 2011, True Value Company honored the store as one of the “Best Hardware Stores in Town.”
Costello’s Ace Hardware, established in 1973 by Vincent Costello, now operates 52 locations across New York, New Jersey, Pennsylvania, Maryland, and Virginia. The Appomattox store is being immediately converted and rebranded as Costello’s Ace Hardware of Appomattox.
Local customers can expect significant changes, including a store remodel and new product lines from prominent brands such as Benjamin Moore, Milwaukee Tools, DeWalt, Craftsman, Weber, Traeger, Big Green Egg, YETI, Scotts, and EGO. The existing store staff will remain employed under the new ownership.
Michael Costello, CEO of Costello’s Ace Hardware, stated, “We are proud to welcome Appomattox True Value into the Costello’s family. Mark and his team have established a remarkable business deeply rooted in community values. We look forward to enhancing the customer experience with expanded product offerings and an improved store environment, all while respecting the rich heritage of this historic local business.”
