True Value

True Value Company, L.L.C.
True Value
Company typePrivate
IndustryHardware stores
FoundedChicago, Illinois, U.S. (1948 (1948), as Cotter & Company)
FounderJohn Cotter
Headquarters,
Number of locations
4,500+ (60 countries)[1]
Key people
Chris Kempa (CEO)[2]
Products
RevenueDecrease US$1.488 billion (2017)[3]
Increase US$ 40.16 million (2017)
Increase US$ 24.75 million (2017)
Total assetsDecrease US$ 912.88 million (2017)
Total equityDecrease US$ 160.4 million (2017)
OwnerACON Investments
Number of employees
2,500 (2019)[4]
Websitetruevalue.com

The True Value Company is an American wholesaler.[1]

The True Value Company uses several different retail identities, including but not limited to True Value, Grand Rental Station, Party Central, and Taylor Rental, Induserve Supply, and Home & Garden Showplace.

The wholesaler supports its retailers through 13 regional distribution centers and approximately 2,500 employees in 60 countries.[1] The corporate headquarters are located in the O'Hare neighborhood of Chicago.[5]

Historically it was a cooperative owned by retailers,[6] but in 2018 it was purchased by ACON Investments.[7]

  1. ^ a b c "True Value Company > Home". Truevaluecompany.com. Retrieved April 9, 2020.
  2. ^ "True Value Company Announces CEO Transition" (Press release).
  3. ^ "2017 Annual Financial Report" (PDF). Truevaluecompany.com. March 2, 2018.
  4. ^ "True Value". Forbes.
  5. ^ "Terms of Use." True Value. Retrieved on January 6, 2010. "True Value Company Truevalue.com Customer Service 8600 W. Bryn Mawr Ave. Chicago, IL 60631"
  6. ^ "True Value announces buyout deal with private equity firm". Retail Dive. Retrieved October 22, 2019.
  7. ^ "ACON Investments to invest in hardware retailer True Value". Pehub.com. March 16, 2018. Retrieved August 11, 2019.

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