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.
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High school students’ scores fall in reading and math
Results from the National Assessment of Education Progress reveal a persistent decline in high school students' reading and math performance, with 12th graders scoring at their lowest in over 20 years and significant losses in eighth-grade science. The achievement gap is widening, particularly affecting students' basic proficiency, and a gender gap has re-emerged in STEM subjects post-pandemic. Want More Context? 🔎
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