Business as Usual for Local Store After Changes

By Doug Mingle and Jo Ellen Mingle

from Roaring Spring True Value Hardware

On October 14, Illinois-based True Value Company announced that it was filing Chapter 11 bankruptcy and had entered into an agreement to sell substantially all of the company's business operations to Do it Best, another distribution company serving independent retailers in the home improvement industry.

While the True Value brand is well known by do-it-yourselfers, contractors and tradespeople around the country, what might be less known is that every local True Value store is independently owned and operated. This is a...