True Value filed for Chapter 11 bankruptcy on Monday and is seeking to sell the 75-year-old business to a rival — the latest hardware company to succumb to a weak housing market, the company said. The ...

Hardware wholesaler True Value has filed for Chapter 11 bankruptcy amid plans to sell its business to its home improvement rival Do It Best. True Value, based in Chicago, said in a Monday press ...

If the retailers approve it, the Acon deal would end True Value's days as a co-op. Retailers would lose majority control over the hardware seller, in return for being able to "unlock" their equity, in ...

True Value Company unlocked nearly $230 million in equity and returned it to local member dealers by transitioning from a co-op business model to a pure-play wholesaler. A little over a year ago True ...

Kovarik Hardware Co. in Binghamton has chosen to drop its True Value affiliation. The store will now be known as Kovarik Hardware Co. and will be supplied by Emery Jensen, an ACE distributor. True ...

True Value, a 75-year old hardware store brand, has filed for bankruptcy and is selling substantially all of its operations to a rival, the company announced Monday. In a press release, True Value ...

True Value, a national hardware retailer whose roots go back more than 70 years, said Monday that it has declared bankruptcy and will sell itself to a competitor. The Chicago-based company filed for ...

The closing of a family business in Islip will end a historic run in a building that hasn’t been without a hardware store since the mid-1800s. Married Islip residents Doug and Mindy Hayes will close ...

HANOVER TWP. — According to a WARN notice filed with the Pennsylvania Department of Labor and Industry, True Value in Hanover Township will lay off 269 employees in December. The WARN report states ...