True Value, a 76-year-old hardware store, revealed Monday it filed for bankruptcy and intends to sell substantially all of its business operations to a rival.

Volk buys Mankato warehouse for $10.6M after value drop Volk Investment Co. acquired a 309,000-square-foot Mankato warehouse for $10.6M. The former True Value site saw a major value drop since its ...

True Value filed for bankruptcy in October 2024 and sold the business to wholesale company Do It Best. All True Value stores remained open, since they were privately owned.