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True Value, a 75-year old hardware store brand, has filed for bankruptcy and is selling substantially all of its operations to a rival, the company announced Monday.
True Value said all stores will remain open because they are privately-owned businesses. Therefore, the bankruptcy filing should not significantly impact the stores. Kovarik True Value Hardware'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.
In July 2017 True Value was offered for sale, and competitor Ace Hardware expressed interest in purchasing it. [11] Eventually, in 2018, international private equity investment firm, ACON, purchased True Value. [8] In 2019 True Value announced a new 1.4 million square foot facility, set to open that fall, intended to service approximately 1,000 ...
Al's Auto Supply – Chain that operated in Washington, California, Idaho, Oregon, Nevada and Alaska; purchased by CSK Auto.Founded by Abe "Al" Wexler in Everett, Washington in the late 1950s; [1] [2] sold 15 store chain to Paccar in 1987; [3] Paccar sold chain (along with Grand Auto) in 1999 to CSK Auto which eventually rebranded stores as Schucks.
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