On Friday, the U.S. Bankruptcy Court for the District of Delaware issued an Interim Order that gives True Value permission to use cash collateral from its lenders to pursue continued business operations while in Chapter 11 Bankruptcy, as well as …
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Industry Reacts to True Value Bankruptcy and Potential Sale to Do it Best
On Monday, the independent home improvement industry woke up to some of the biggest news in decades as Do it Best announced its bid to acquire substantially all assets from True Value, which filed for Chapter 11 bankruptcy under private …
Read More »NHPA Offers Tools, Reassurances to Retailers Potentially Impacted by True Value Bankruptcy
Do it Best CEO Adds New Insights to True Value Purchase Plans
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 …
Read More »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 »Do it Best Driver Named Ruan Transportation Driver of the Year
Ruan Transportation Management Systems named Do it Best driver Dean Key of Milbank, South Dakota, as its 2023 Driver of the Year. Key has 40 years of driving experience, including 28 years with Ruan, one of the largest family-owned transportation …
Read More »Product Picks From the Do it Best 2024 Fall Market
While covering the Do it Best 2024 Fall Market in Indianapolis over the weekend, I hit the floor looking for interesting products. As NHPA’s content coordinator and products editor, it’s my job to identify trends and find products that will …
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 …
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