True Value has filed for Chapter 11 bankruptcy and plans to sell the business to wholesale company Do It Best. Do It Best has offered to pay $153 million in cash to purchase True Value ...

True Value Co. has announced that it plans to layoff 873 workers at Chicago and two McHenry County locations, beginning next ...

True Value is voluntarily entering into Chapter 11 bankruptcy proceedings which, according to the company, will assist in executing the sale in an efficient manner. Court filings show Do It Best ...

True Value, the hardware retailer based in Chicago, is preparing to lay off employees if it can’t finalize a deal to sell the company. Sun-Times file Share Chicago-based hardware retailer True ...

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A hardware store chain said it will close a Kansas City warehouse and lay off about 70 employees if the company doesn't sell as part of its bankruptcy. A True Value Co. LLC hardware warehouse in ...

Chicago-based hardware retailer True Value, which filed for Chapter 11 bankruptcy last week, could lay off nearly 900 employees in Illinois alone if the company isn’t sold during bankruptcy ...

The hardware retailer could begin closing the regional distribution center on Dec. 7, with the shutdown impacting 98 ...

However, it said it was filing the WARN notice to outline "actions that True Value may need to take if we do not close the proposed sale to DIB and identify other buyers who will both address the ...

CHICAGO — True Value, the 75-year-old hardware store chain, has filed for Chapter 11 bankruptcy, the Chicago-based company announced Monday. True Value will sell “substantially all” of its ...