True Value, a 75-year old hardware store brand, has filed for bankruptcy and is selling its operations to rival company Do it Best for $153 million during the Chapter 11 process. Despite the financial struggles, True Value’s 4,500 independently operated locations will remain open, as they are not part of the bankruptcy proceedings. Do it Best CEO Dan Starr expressed confidence in the acquisition, stating it would provide the strongest opportunities for growth for True Value and independent hardware stores.
Full Article
Emerging from 2024 loss, Tim Walz holds a town hall in an Iowa Republican’s district – Chicago Tribune
Minnesota Gov. Tim Walz is back on the road to engage with voters after last year's election loss, focusing on town halls in competitive Republican-held congressional districts. He called for elected officials to listen to the concerns of Americans and held a successful event in Iowa's 3rd congressional district. Walz is not currently a candidate, but is reemerging to address issues such as health care, financial aid, and veterans' funding, aiming to understand why some...
Read more