The 75-year-old hardware store brand True Value announced Monday it has filed for bankruptcy and “entered into an agreement to sell substantially all of the Company’s business operations to home ...
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.
True Value, a national hardware retailer whose roots go back more than 70 years, said Monday that it has declared bankruptcy and will sell itself to a competitor. The Chicago-based company filed for ...