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True Value
American wholesaler
For the statistical concept, see True value.
The True Value Company is an American wholesaler and Hardware store brand.[5] The corporate headquarters are located in Chicago.[6]
Historically True Value was a cooperative owned by retailers,[7] but in 2018 it was purchased by ACON Investments.[8] In October 2024, True Value filed for bankruptcy and competitor Do It Best agreed to purchase the company.[5] The purchase was completed in November 2024.[9] The independent retailers True Value supplied, branded as "True Value", are not part of the bankruptcy and will continue operating.[5]
History
True Value Company was originally composed of four hardware cooperatives and a hardware wholesaler: American Hardware & Supply (ServiStar), Coast to Coast Corporation, Cotter & Company (True Value), and Hibbard Spencer Bartlett & Company.
Cotter & Company was e