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True Value Files for Chapter 11 Bankruptcy, Do it Best Bids to Acquire Assets

True Value Files for Chapter 11 Bankruptcy, Do it Best Bids to Acquire Assets

by Lindsey Thompson | Oct 14, 2024 | Industry News

In one of the biggest deals the independent home improvement industry has seen in decades, Do it Best has announced its bid to acquire substantially all assets from True Value, which filed for Chapter 11 bankruptcy under private equity ownership.  The proposed...
John Mellencamp To Perform at True Value 2023 Fall Reunion

John Mellencamp To Perform at True Value 2023 Fall Reunion

by Lindsey Thompson | Apr 26, 2023 | Industry News

True Value announced that legendary singer-songwriter John Mellencamp will be the headline entertainment at its 2023 Fall Reunion. Mellencamp will perform a concert on Thursday evening, Sept. 14, at the George R. Brown Convention Center in Houston. “We are delighted...
Exclusive: True Value Manufacturing Unveils Facility Automation

Exclusive: True Value Manufacturing Unveils Facility Automation

by Lindsey Thompson | Mar 7, 2023 | Industry News, Trends & Products

In an effort to meet growing customer demand, True Value unveiled new, modern upgrades to its True Value Manufacturing facility at a ribbon-cutting ceremony attended by True Value executives and Mark Kownick, mayor of the Village of Cary. Paint & Decorating...
True Value Invites Retailers to 2021 Fall Reunion

True Value Invites Retailers to 2021 Fall Reunion

by Olivia Shroyer | Jun 24, 2021 | Industry News

True Value CEO Chris Kempa is inviting all independent hardware retailers to the company’s Fall 2021 Reunion in Chicago, taking place Sept. 30 – Oct. 2 at McCormick Place. The theme of the three-day event is “All In,” providing both an in-person and optional...
True Value Welcomes New Chief Financial Officer

True Value Welcomes New Chief Financial Officer

by Lindsey Thompson | Mar 18, 2021 | Industry News

True Value Co. announced Jeff Olson will join the company as chief financial officer. Olson, who will begin his new role on March 29, has over 30 years of experience in financial optimization, helping to drive commercial effectiveness and operating results. He comes...

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