In response to Monday’s announcement that Do it Best is entering into an agreement to purchase the assets of True Value Company (pending the outcome of True Value’s Chapter 11 Bankruptcy filing on Oct. 14th), Hardware Retailing’s editorial team sat …
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True Value Files for Chapter 11 Bankruptcy, Do it Best Bids to Acquire Assets
In one of the biggest deals the independent home improvement industry has seen in decades, Do it Best has announced its bid to acquire substantially all assets from True Value, which filed for Chapter 11 bankruptcy under private equity ownership. …
Read More »Nation’s Best Adds 3 Locations in Texas
After acquiring South Texas Hardware and its three stores, Nation’s Best has increased its total store count to 63. Tina Green, regional vice president of operations at Nation’s Best, says South Texas Hardware operates three neighborhood hardware stores in Castroville, …
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 »Hillman Solutions Acquires Cleaning Textiles Supplier
Hillman Solutions Corp., a leading provider of hardware products and merchandising solutions, announced it has acquired Intex DIY Inc., a leading supplier of wiping cloths, consumable rags and cleaning textiles. Recently, Hillman also entered into a new partnership with Kontoor …
Read More »Aubuchon Company Acquiring Mott Family of Ace Stores
Michael Mott has agreed to sell his four Ace Hardware stores in Pennsylvania to the Aubuchon Company. The stores will continue to operate as Ace Hardware. After closing in October, the Aubuchon Company will operate 123 stores in nine states. “Mike …
Read More »Poised for Growth: Q&A With House-Hasson President and CEO Steve Henry
In early July, House-Hasson finalized the acquisition of former Midwestern U.S. wholesale hardware distributor Bostwick-Braun’s warehouses and inventory. The acquisition adds two warehouses in Indiana and Arkansas, as well as more than 45,000 stock keeping units (SKU) to its existing …
Read More »Westlake Ace Hardware Acquires 4 Austin Stores
Westlake Ace Hardware has agreed to acquire four stores from Breed & Co. Ace Hardware, a family-owned retailer based in Austin, Texas. The acquisition will be completed on September 30. Westlake Ace will acquire all three Breed & Co. Ace …
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