True Value Co. announced Jeff Olson will join the company as chief financial officer. Olson, who will begin his new role on March 29, has over 30 years of experience in financial optimization, helping to drive commercial effectiveness and operating …Read More »
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Tag Archives: True Value Co.
NRHA, Industry Leaders Urge Lawmakers to Deem Home Improvement Retailers ‘Essential’
The North American Retail Hardware Association (NRHA) and home improvement industry leaders are banding together to urge federal, state and local governments to deem home improvement workers as “essential” in the face of the COVID-19 pandemic. The letter was signed …Read More »
True Value’s 2017 Financials Show Slight Revenue Decline
True Value Co. has released its final annual report as a cooperative, showing a slight revenue decline in 2017 from the year prior. In April, the company announced the sale of 70 percent of its stock to private-equity firm ACON Investments and …Read More »
True Value Members Favor Sale, but Co-Op Extends Voting Deadline
As of April 13, True Value Co. has received the retailer votes it needs to sell to a private investment firm, but the co-op is extending its member voting deadline to April 20. The company announced March 15 that it agreed to …Read More »