True Value, the hardware retailer based in Chicago, is preparing to lay off employees if it can’t finalize a deal to sell the company. Sun-Times file Share Chicago-based hardware retailer True ...

True Value has received a commitment from Do it Best for additional operating funds if needed. “After a thorough evaluation of strategic alternatives, we determined that the sale of our business was ...

To complete the sale as efficiently as possible, True Value said in a press release, it initiated Chapter 11 proceedings in the U.S. Bankruptcy Court for the District of Delaware. Lincoln Square ...

we determined that the sale of our business was the path forward to maximize value and best serve our retail partners and other stakeholders into the future," said Chris Kempa, True Value's CEO. " ...

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. In 2024 ...

(WJET/WFXP) — True Value, a well-known home improvement company, entered into a sale agreement Monday morning after filing ...

(WJET/WFXP) — True Value, a well-known home improvement company, entered into a sale agreement Monday morning after filing for Chapter 11 bankruptcy. The Chicago-headquartered company entered an ...

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 ...

(WJET/WFXP) — True Value, a well-known home improvement company, entered into a sale agreement Monday morning after filing for Chapter 11 bankruptcy. The Chicago-headquartered company entered an ...

To complete the sale in the most efficient manner, True Value and certain of its affiliates initiated voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the District of Delaware.