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True Value Company and its secured lenders, led by PNC, today reached a major milestone agreement to avoid the liquidation of the 75-year-old Chicago-based distributor in a move that will push the sale to Do it Best forward for now. The …

R.P. Lumber Co. Inc. plans to acquire Guyot Lumber & Hardware, an independently owned retailer of hardware, lumber and building materials in Perryville, Missouri. The transaction, scheduled to close on Nov.1 marks R.P. Lumber’s eighth acquisition this year and its …

Do it Best has hired Curtis Smith as the new executive director of the Do it Best Foundation. In this role, Smith will focus on building the foundation’s impact and presence in the communities it serves. “I’m deeply honored to …

Nation’s Best hosted its second annual Women’s Leadership Retreat, an event dedicated to fostering leadership development, personal wellness and connection among the company’s female leaders. This year’s retreat saw significant growth, with attendance increasing by 50%, expanding beyond female store …

The True Value regional distribution centers (RDCs) are preparing for potential layoffs and shutdowns in light of the Chapter 11 bankruptcy and potential Do it Best purchase announcements earlier this month. So far, 11 of the 13 True Value RDCs …

In a transcript obtained by Hardware Retailing from an emergency discovery conference held on October 23, the judge overseeing True Value’s Chapter 11 bankruptcy filing openly stated her concerns about whether True Value has been providing “adequate protection to the …

Suppliers and retailers from across Canada gathered last night to honor the retail home improvement industry’s best retailers during the 32nd Annual Outstanding Retailer Awards, presented during a gala dinner at the annual Hardlines Conference.  The event, held at the …