True Value declares Chapter 11 bankruptcy and lines up sale to Do it Best
True Value said it has filed motions with the bankruptcy court to continue paying wages and benefits to its employees, as well as offer support programs for customers. The company aims to complete its sale to Do it Best by year-end. True Value serves more than 4,500 stores worldwide with total retail sales of $10 billion, according to the company.
Do it Best reassures retailers of its commitment to stability and support through its pending sale of True Value.
Locally owned True Value hardware stores in Wayne and Pike counties aren't hurt by the corporation's bankruptcy filing, ...
Central Iowa's five independently owned True Value stores are unlikely to feel direct effects from the chain's bankruptcy ...
The hardlines wholesaler pledged to support True Value retailers and cited hundreds of them who converted to Orgill in the ...
LBM Journal sat down with Dan Starr, Do it Best President and CEO, to better learn what this potential acquisition meant not ...
Do It Best announced Monday its bid to acquire all assets from True Value. The Chicago-based hardlines wholesaler filed for ...
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