True Value plans to close a Cleveland-area distribution center, lay off workers if its planned bankruptcy sale falls through.
Hardware wholesaler True Value has filed for Chapter 11 bankruptcy amid plans to sell its business to its home improvement rival Do It Best. True Value, based in Chicago, said in a Monday press ...
The hardware retailer could begin closing the regional distribution center on Dec. 7, with the shutdown impacting 98 ...
HARDWARE WHOLESALER TRUE VALUE FILES FOR BANKRUPTCY, PLANS SALE TO RIVAL The closing sales are being managed by Hilco ...
Long owned by a cooperative of retailers, True Value sold 70% of the company to Acon Investments, a private equity firm with ...
The company, which has filed for Chapter 11 bankruptcy, could lay off 873 employees in the Chicago area beginning in ...
True Value said it faces a significant cash crunch as the housing market stalled and consumers have become far more picky ...
Hardware wholesaler True Value filed for Chapter 11 bankruptcy earlier this week in the midst of a sale to a home improvement rival. The Chicago-based company is planning to sell the business to ...
Despite True Value filing for bankruptcy and planning to sell the company, the local True Value stores should remain open ...
In filings required by Illinois under the state’s Worker Adjustment and Retraining Notification Act, which mandates advance ...
The hardware chain True Value Co. warned it could lay off 98 workers at a Springfield warehouse if its planned bankruptcy ...
Hardware wholesaler True Value has filed for Chapter 11 bankruptcy amid plans to sell its business to its home improvement ...