This week, hardware store chain True Value announced it filed for Chapter 11 bankruptcy, and is expected to be acquired by rival Do it Best. How does that affect Ohio? Here's what to know.
True Value, a hardware store chain, has filed for Chapter 11 bankruptcy and is expected to be acquired by rival Do it Best. Do it Best has offered $153 million for True Value, and the sale is ...
Do it Best is a member-owned wholesaler of lumber and hardware products to independent stores, said in its own press release that the sale would create a worldwide network exceeding 8,000 store in ...
Do it Best claims to be the country’s largest member-owned co-op for hardware and lumber with annual sales of nearly $5 billion. The deal with True Value would create a store network with more ...
“We believe that entering the process with an agreed offer from Do it Best, who has a similar decades-long history in the ... True Value currently operates 31 stores in Utah, according to 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 ...
Your local hardware store is not going anywhere despite True Value declaring bankruptcy on Monday, opting to sell its assets to Do it Best. According to a press release, True Value will continue ...
Do It Best operates 92 stores in Pennsylvania ... "This acquisition, if consummated, would provide True Value and independent hardware stores the strongest opportunities for growth for years ...