Magnet Source

Magnet Source Market Overview

According to Grips Intelligence in-store data from January 1 to June 30, 2026 tracking acehardware.com and menards.com, Magnet Source's revenue declined 5.2% over the period, with the average product price holding relatively steady at roughly $8.03 and dipping just 0.3%. Magnet Source offers products in over 37,500 stores, and Grips data shows Ace Hardware dominated the brand's revenue mix at 72.1%, more than double the 27.9% share held by Menards. The brand's parent company, Master Magnetics, is privately held, having been acquired by private equity firm Factor89 Group in 2024, so no public ticker applies. Within the tracked window, the brand's highest-priced standout was the Heavy-Duty 150 lb. Retrieving Magnet at Menards, averaging $16.46, notably above the brand's typical price point. This blend of channel concentration and price stability offers a useful snapshot of Magnet Source's offline retail footprint heading into the second half of 2026.