When Fred Nelson was ready to retire from retail ownership of the store he had owned and operated since 1954, he didn’t want to see the business come to an end. In his search for a new owner, he wanted …
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MSK True Value Evolves With Support From Distributor
A part-time job in high school often lays the foundation for the work ethic an individual brings with them in their future endeavors. For Jeff Johnson, working at Del’s Building Supply, now known as MSK Building Supply, in Myrtle Creek, …
Read More »Caldwell True Value Relies on Relationships With Customers and Distributor
For young adults who have grown up in their parents’ independent home improvement businesses, deciding on their future might feel like reaching a fork in the road. They may want to become the next in line to run the operation, …
Read More »True Value and Carter Lumber Announce New Partnership
True Value and Carter Lumber have announced a new partnership that will enable Carter Lumber to access True Value’s suite of products, support services and industry knowledge. Based in Kent, Ohio, Carter Lumber operates 146 lumber and building materials locations …
Read More »Wilco Celebrates Company’s 20th Location
Oregon-based cooperative Wilco opened its third store in central Oregon and its 20th store overall on Aug. 29, the company reports. The 20th store, located in Redmond, Oregon, celebrated its opening with a day full of events and special activities. …
Read More »True Value Fall Reunion Open to All Independent Retailers
For the first time in its history, True Value’s semiannual Reunion is open to all independent hardware retailers. The company will host all retailers, regardless of affiliation, at the Colorado Convention Center from Sept. 27-30 with a full slate of …
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 Shareholders Vote to Proceed With Sale
After months of speculation, 15 roundtable sessions and thousands of individual conversations and emails with members, the votes are in and True Value’s shareholders have overwhelmingly approved the sale of 70 percent of the company’s stock to private-equity firm ACON …
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