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.

True Value has notified the state of Ohio that it plans to close its Westlake distribution center in April, resulting in the laying off of 82 employees.

WESTLAKE, Ohio -- True Value Hardware is closing its Westlake facility and preparing to layoff dozens of employees, months after it was bought by hardware wholesale competitor Do It Best Corporation.

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.

True Value distribution center in Westlake to close, 82 workers face layoffs by: Justin Dennis Posted: Feb 11, 2025 / 07:32 PM EST Updated: Feb 12, 2025 / 07:16 AM EST ...

Krueger’s True Value Hardware was founded in 1866 by William Krueger and is now in its fifth generation of owners.

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 ...

KANSAS CITY, Mo. — True Value will permanently close its Kansas City facility on U.S. 71 Highway on April 8. This follows the company's sale of most of its assets to another firm in November.

Krueger's True Value in Neenah is closing after over 159 years of business due to owners' retirement. A closing sale will begin on July 22, with select items up to 50% off.