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True Value | |
Company type | Subsidiary |
Industry | Hardware stores |
Founded | Chicago, Illinois, U.S. (1948 , as Cotter & Company) |
Founder | John Cotter |
Headquarters | , |
Number of locations | 4,500+ (60 countries)[1] |
Key people | Dan Starr (CEO)[2] |
Products |
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Revenue | ![]() |
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Total assets | ![]() |
Total equity | ![]() |
Owner | Do It Best |
Number of employees | 2,500 (2019)[4] |
Website | truevalue |
The True Value Company is an American wholesaler and Hardware store brand.[5] The corporate headquarters are located in Chicago.[6]
Historically True Value was a cooperative owned by retailers,[7] but in 2018 it was purchased by ACON Investments.[8] In October 2024, True Value filed for bankruptcy and competitor Do It Best agreed to purchase the company.[5] The purchase was completed in November 2024.[9] The independent retailers True Value supplied, branded as "True Value", are not part of the bankruptcy and will continue operating.[5]
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