by Lindsey Thompson | Oct 24, 2024 | Industry News
Suppliers and retailers from across Canada gathered last night to honor the retail home improvement industry’s best retailers during the 32nd Annual Outstanding Retailer Awards, presented during a gala dinner at the annual Hardlines Conference. The event, held at the...
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 Lindsey Thompson | Oct 18, 2024 | Industry News
On Monday, the independent home improvement industry woke up to some of the biggest news in decades as Do it Best announced its bid to acquire substantially all assets from True Value, which filed for Chapter 11 bankruptcy under private equity ownership. This week,...
by Lindsey Thompson | Oct 17, 2024 | Industry News
[vc_row][vc_column][vc_column_text]With the entire industry reacting to the recent news of True Value Company’s bankruptcy filing and Do it Best’s bid to acquire the company, the team at the North American Hardware and Paint Association (NHPA) continues to receive...
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...