Skip to main content
_FB_2018-Icons-finalized-cleaned-up_new_FB_2018-Icons-finalized-cleaned-up_newGroup 9
Back
Scroll to top

An Evolution with Heart: Inside Schofield’s Ace Hardware


Team members of Ace Hardware standing in front of paint swatches.

In 1918, Woodrow Wilson was the President of the United States, Daylight Savings Time went into effect for the first time, and the doors opened at Schofield’s Hardware Store in Florence, South Carolina.

A lot has changed since 1918, but Schofield’s (now Schofield’s Ace Hardware) place in the community remains the same. Despite a range of national chain big-box retailers, locals still flock to Schofield’s.

“We sell everything from clothing, to hardware, to paint, to about anything you can imagine,” says second-generation owner, Ron Lyles.

Ron and his brother Hank grew up in the store, working alongside their father who purchased Schofield’s from the original owners in 1975. When their father retired in 1992, the brothers began to run the business on their own.

With over 25 years’ experience, Ron Lyles has seen a lot of changes, not only in his store, but in his community as well. “Florence is not a tremendous growth area, but it’s a steady growth area,” says Lyles. “You’ll find every national chain here… We’re close but far enough away from the Charleston, Columbia, Myrtle Beach, and Charlotte markets that we’re sort of all by our self out here.”

Even as a staple in the community for nearly 100 years, it hasn’t been easy for Schofield’s to stay ahead of the competition. Lyles attributes their success to their focus on customer service and their community. “People don’t shop here because of our location, prices, or selection. They shop here because of our employees. We consider them part of the family.”

“The business has changed 180 degrees about 6 times. It’s constantly changing,” says Lyles. “Our principles never change. How you present your store, how you present your merchandise, how you present all of that to a customer, that has changed a lot.”

While their store, their merchandise, and their community may not look anything like they did in 1918, or even 1975, as long as they stay committed to their values, Schofield’s Ace Hardware stands to remain an important part of the Florence, South Carolina community for a long time.

 

Trending Topics

How Much Should You Have In Savings at Age 25?

If you’re wondering how much you should have in savings by the time you’re 25, you’re already on the right track. At an age where financial independence becomes increasingly more important, how much you can save depends on...

What Are Mobile Merchant Services?

If you own a business, you know how essential technology is to making it run smoothly. You may have even asked the question, “What are mobile merchant services?” Read more to figure out what mobile merchant services are...

What Is the Best Savings Account for Kids

The success of child savings accounts has been well documented. We can probably all agree that a savings account for kids is a good decision, but what is the best savings account for kids? First Bank offers a savings...

Personal Finance Tips for Beginners

Reading personal finance tips is a great way to start thinking about your budget and saving for the future. If you’re just beginning to think about your financial future and retirement, there are a number of things you...

15-Year North Carolina Mortgage Rates

Looking for information and assistance in choosing a 15-year mortgage rate that suits your needs? First Bank has a North Carolina location nearby that can help you with your decision to invest in a 15-year mortgage....

Apply for a Flexible Small Business Loan in Jacksonville, NC

Forbes named Jacksonville, North Carolina as the #2 location for cost of doing business. Families, retirees, and business owners alike are continuously drawn to Jacksonville, making it one of the best places in NC to start...

Best Bank to Open a Checking Account

Are you looking to open a checking account but are having trouble finding the right bank? You shouldn’t have to settle for a bank that doesn’t meet all of your needs. First Bank focuses on the needs of all of our...

Find the Best Bank for a Student Checking Account

Student checking accounts are a great way for college students to get their finances in order and prepare for the future. But finding the right checking account at the best bank takes some research. Deciding which bank...

Banks Near Me

When you are trying to find banks near you, there are many options. With so many choices, it can be hard to be sure you’re choosing the right bank for you. At First Bank, we care about the needs of our customers. That is...

Best Savings Account Rates In Florence, SC

If you want to save money, there are plenty of ways to do it. You can put your money into an IRA, CD, the stock market, or other financial tool. However, you can also put your money into a simple savings account. With some...