True Value files bankruptcy
True Value hardware store files bankruptcy, to be sold to Do it Best. How it affects Ohio
True Value has filed for bankruptcy, joining a line of other retailers with Ohio locations to make the financial move. Here's how that affects Ohio.
True Value files bankruptcy, but customers will notice few changes at central Iowa stores
Central Iowa's five independently owned True Value stores are unlikely to feel direct effects from the chain's bankruptcy
True Value files for bankruptcy after 75 years, selling to hardware rival Do It Best
Hardware wholesaler True Value has filed for bankruptcy amid plans to sell its business to its home improvement rival Do It Best.
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.
True Value hardware files for Chapter 11 bankruptcy, sells itself to competitor
True Value, a hardware store brand, filed for Chapter 11 bankruptcy and sold almost all of its operations to a competitor.
True Value declares bankruptcy, intends to sell itself to rival
A hardware company has decided to sell itself to a rival, but to facilitate the sale, it must declare Chapter 11 bankruptcy.
True Value declares bankruptcy and sells itself to a hardware rival
Chicago-based True Value hardware files for bankruptcy, agrees to sell to Do it Best
But the hardware retailer's 4,500 member stores are independently owned and will continue day-to-day operations.
True Value files for bankruptcy: Will Oklahoma stores be affected? What to know
Reuters reported that the 75-year-old company initiated the proceedings to enter into an agreement with Do It Best, which has offered to pay $153 million in cash to purchase the business.
Wholesale hardware supplier True Value files bankruptcy, plans to sell to competitor
Wholesale hardware supplier True Value has filed for Chapter 11 bankruptcy and plans to sell the business to industry peer Do it Best Corp, the company announced in a release Monday, Oct. 14, 2024. The company said it will continue its day-to-day operations serving 4,
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'Business as usual': True Value's filing no concern for Wayne, Pike stores, owners say
Locally owned True Value hardware stores in Wayne and Pike counties aren't hurt by the corporation's bankruptcy filing, ...
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True Value files for bankruptcy after 75 years, blames weak housing market for plunging sales
Hardware and lumber wholesaler Do it Best is the stalking horse bidder and has agreed to pay $153 million in cash for the ...