Hardware store company True Value has filed for Chapter 11 bankruptcy and plans to sell its business to rival hardware chain Do It Best for $153 million, according to a petition filed in U.S.

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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 ...

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 ...

True Value announced today current CEO John Hartmann will step down in May, to be replaced by current Chief Commercial Officer Chris Kempa. Chief Financial Officer Deb O'Connor has been named ...

NEENAH, Wis. (WBAY) - An iconic hardware store in Neenah is set to close after 159 years. Krueger’s True Value Hardware was founded in 1866 by William Krueger and is now in its fifth generation of ...

GULFPORT, Miss. (WLOX) - Following True Value’s announcement that the major corporation filed for Chapter 11 bankruptcy, Coast residents worried a local hardware store would be affected. “We started ...

FORT WAYNE, Ind. (WANE) — With no ribbon cutting or public fanfare, a $1.5 billion hardware wholesaler has effectively moved its headquarters from Chicago to Fort Wayne, as Do it Best announced its ...