New of True Value Company’s pending Chapter 11 bankruptcy isn’t cause for concern for the owner of a local hardware store.
Lloyd’s True Value owner Anita Lloyd says all of True Value’s stores are independently owned so they are not impacted by the bankruptcy.
True Value Company announced that it has entered into an agreement to sell substantially all of the Company’s business operations to home improvement industry peer Do it Best Corp. Lloyd says the sale to Do it Best will make more product lines available at True Value including Milwaukee Tool.
Lloyd stresses that they plan on providing the same great service, and that they have other suppliers besides True Value.
