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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 in Hanover Township, Pennsylvania ...
True Value has filed for Chapter 11 bankruptcy and plans to sell the business to wholesale company Do It Best.. Do It Best has offered to pay $153 million in cash to purchase True Value, according ...
True Value announced the bankruptcy filing through a press release, which didn't otherwise specify the exact reasons for the company initializing Chapter 11 proceedings.
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.
Spiegel Spring/Summer 1958 Catalog. Spiegel was an American direct marketing retailer founded in 1865 by Joseph Spiegel.Spiegel published a catalog, like its competitors Sears, Aldens, and Montgomery Ward, which advertised various brands of apparel, accessories, and footwear, as well as housewares, toys, tools, firearms, and electronics.
Orgill Brothers & Co. order form, circa 1866. In 1908, the company, by then known as Orgill Brothers & Co., sold its retail business to DeSoto Hardware Co. in order to focus exclusively on distribution. [9]