Hardware wholesaler True Value is considering a potential sale of the company. CEO Chris Kempa provided the status update of the Chicago-based hardware wholesaler in an Oct. 4 letter to vendor ...

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 ...

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. " ...

True Value, which sells hardware, tools, lumber, plumbing and heating supplies, and other home improvement goods, has between $500 million and $1 billion in total liabilities, according to its Chapter ...

“But we’re preparing for a smooth transition.” According to the press release, True Value’s sale process is the next step in a series of actions that the company has taken in 2024 to ...

True Value has filed for bankruptcy, amid plans to sell its business to long-time home improvement rival Do It Best. All 4,500 True Value stores, including the one in Kingman, are expected to stay ...

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 ...

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 True Value CEO Chris Kempa in ...