by Olivia Shroyer | Oct 21, 2024 | Industry News
On Friday, the U.S. Bankruptcy Court for the District of Delaware issued an Interim Order that gives True Value permission to use cash collateral from its lenders to pursue continued business operations while in Chapter 11 Bankruptcy, as well as to fund its proposed...
by Olivia Shroyer | Oct 16, 2024 | Industry News
In response to Monday’s announcement that Do it Best is entering into an agreement to purchase the assets of True Value Company (pending the outcome of True Value’s Chapter 11 Bankruptcy filing on Oct. 14th), Paint & Decorating Retailer’s editorial team sat down...
by Olivia Shroyer | Aug 31, 2024 | Industry News
Much like a report from your doctor, financial statements provide valuable insight into the health of your business. They can explain some of the aches and pains you might be feeling and uncover hidden issues you should address before they become full-blown problems....
by Olivia Shroyer | Aug 15, 2024 | Industry News, Operational Insights
Have you ever overheard an employee saying something like: “Wow, we sold a lot today, the owner must be getting rich!” Or, “I didn’t mean to break those flower pots, but that’s alright as I’m sure no one will notice if we’re missing a couple.” ...
by Olivia Shroyer | Jun 5, 2024 | Industry News, Operational Insights
For most independent home improvement retailers, having a team of knowledgeable employees can elevate their operation and make it stand out from the competition. In a time when hiring and retaining talent is challenging, establishing a training program to get...