HomeMergers & AcquisitionsTrue Value Enters Sale Agreement with Do It Best Through Chapter 11

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True Value Enters Sale Agreement with Do It Best Through Chapter 11

October 14, 2024

Do It Best Hardware Sign

It’s a tough sales environment for hardware stores with macroeconomic factors impacting the consumer. It’s forced both Home Depot and Lowe’s to lower their earning forecast recently.

While the large retail chains are weathering the storm, smaller ones are starting to succumb to it. The latest is True Value who announced today that they have agreed to a sale to competitor Do It Best.

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SourceTrue Value

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