As another outlet for promoting growth and the success of the True Value brand, the company has started the process of owning and operating retail stores. True Value purchased its first store in Palatine, Illinois, in March 2024. Eric Lane, …
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AkzoNobel Announces 2025 Color of the Year
True Joy has been named AkzoNobel’s 2025 Color of the Year. True Joy is a sunny yellow shade supported by three complementary color palettes. “In this rapidly changing world, it’s easy to feel uncertain about our next steps,” says Heleen …
Read More »LL Flooring Saved by Investment Firm
LL Flooring Holdings announced, as part of its ongoing Chapter 11 process, the company has signed an agreement with F9 Investments for a going-concern sale of business. Under the terms of the purchase agreement, F9 Investments will acquire all 219 …
Read More »Do it Best ‘Activates Growth’ With Focus on Data, Assortments, Pricing at Fall Market
Indianapolis welcomed back Do it Best members, vendors and channel partners for the co-op’s 2024 Fall Market September 6-9. The focus of the event—and the co-op’s priorities for its next fiscal year—are all related to driving growth for members through …
Read More »ILA Labor Union Possibly Heading to Strike at U.S. Ports
The International Longshoremen’s Association (ILA) union, which represents 45,000 workers at major container ports, and the United States Maritime Alliance (USMX) are currently in negotiations as the union’s contract expires September 30. In a report from Reuters, the groups have …
Read More »Discount Retailer Big Lots Files for Chapter 11
Discount home goods retailer Big Lots announced today it has filed for Chapter 11, and its stores and operations have been acquired by private equity firm Nexus Capital Management. “The actions we are taking today will enable us to move …
Read More »Discount Stores Make NRF’s List of Fastest Growing Retail Companies
Every year, the National Retail Federation ranks the retail industry’s fastest growing companies based on year-over-year retail sales. The 2024 list suggests finding ways to save is still a priority for consumers as five of the top 25 companies are …
Read More »Do it Best Promotes Lauren Wilson to LBM Purchasing Role
Do it Best announced the promotion of Lauren Wilson to building materials divisional purchasing manager, effective immediately. Wilson will enhance the company’s long-term, program-driven procurement process by fostering strategic supplier relationships that align with the growth goals of the Lumber …
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