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New Year, New Path for True Value

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Ready for the Future

By Renee Changnon, rchangnon@nrha.org

Throughout 2018, many changes took place in the retail industry. One of those changes for independent home improvement retailers was True Value Co.’s decision to alter its distribution model. 

This new path led to many questions among retailers, regardless of wholesale affiliation, as they wondered what might happen with the company. Last March, True Value announced plans to sell 70 percent ownership of the organization to private investment firm ACON Investments. The decision transitioned True Value away from its identity as a co-op. In April, more than 80 percent of True Value members approved the deal.

Hardware Retailing spoke with four True Value executives to learn more about the transition, its future plans and the latest programs it has to offer. Finally, for insights from a retailer, we spoke to the father-son duo at Nelson True Value. 

True Value CEO Discusses Strategic Plan, Future

Exclusive Q&As With True Value Executives

Nelson True Value Finds Success With Distributor

The Faces of True Value: Retailer Profiles

About Renee Changnon

Renee Changnon
Renee Changnon is the retail outreach coordinator for NRHA. She meets with retailers in their stores and at industry events and introduces them to the services NRHA provides. Renee previously worked as a member of the NRHA communications team. She earned a degree in visual journalism from Illinois State University, where she served as the features editor for the school newspaper. After college, she implemented marketing and promotions initiatives at Jimmy John’s franchise locations across the country. She enjoys exploring books with her book club, Netflix marathons and hosting goat yoga at her apartment complex. Renee Changnon 317-275-9442 rchangnon@nrha.org

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