True Value

Pointing to success of an expanded farm, ranch, auto and pet assortments, Chicago-based True Value posted gains in gross billings and revenues for the first quarter ended March 29.

The co-op reported gross billings of $460.1 million for the quarter, up 3.6% from $444.2 million for the same period a year ago. Revenue was $331.5 million, an increase of 6.0%.

The cooperative posted a quarterly net margin of $0.9 million, up slightly from $0.4 million a year ago.

Home Channel News caught up with True Value CEO Lyle Heidemann at the International Builders’...

Store design and the art of packing high-volume sales in a small space was one of the front-and-center topics at the True Value Market in Philadelphia.

The company's Destination True Value (DTV) initiative -- its store design and merchandising concept -- came to Philadelphia in a new package that measured just over 5,200 sq. ft. The concept store, on full display at the Pennsylvania Convention Center, included 50% less lineal feet than the medium-size DTV format, but had 68% of the SKU count, according to the co-op.

The first-of-its-kind Home Channel News list of 50 hardware store all-stars appeared in the May issue of Home Channel News and recognized a diverse group of high-performance retailers -- large, small, urban and rural. Below, the state-by-state guide winds through Tennessee, Texas and Utah.

From the days of far-out colors and Tru-Test January Paint Value Days.

In 1782, a man named Daniel Waldo founded Elwood Adams Hardware in Worcester, Mass., providing...

Wallace-Thompson True Value -- which has occupied the same spot in downtown Rusk, Texas, for...

Called Nuts and Bolts, the store is 51,000 square feet, about three times the size...