Content about True Value

April 29, 2014

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.

March 19, 2014

Adam Schoelkopf of Bedford True Value Hardware in Bedford, N.Y., recently accepted a True Value Best Hardware Store in Town award on behalf of the store.

A total of 13 stores were recognized by the co-op during its Spring & Rental Reunion held in Atlanta. 

“These are talented business people who work incredibly hard to bring their communities the best service and shopping experiences possible,” said True Value president and CEO John Hartmann. 

March 4, 2014

It’s not just Tractor Supply that’s riding a wave of growth in the sector for hobby farmers and backyard ranchers.

This is not an article about Tractor Supply.

But let’s face it. You can’t write about the farm-and-ranch retail sector without referring to the Brentwood, Tenn.-based giant either as a competitor or as a role model.

February 23, 2014

Atlanta – An information-packed general session here at the True Value Reunion included up-close interviews with a new slate of senior executives and an update on the co-op’s long-running strategic planning effort.

And there was also a little comedy on the stage, as actors impersonated shoppers experiencing BBTSD, or “big box traumatic stress disorder.”

February 23, 2014

Atlanta – Before the True Value Reunion here, Brent Burger spent some quality time with kids from an Atlanta area Boys & Girls Club. On Saturday afternoon, he announced a national partnership between True Value and the youth organization. 

January 29, 2014

You meet some interesting people in the home improvement industry. Here’s another one: Jared Littmann, the 41-year-old youth sports coach; lawyer; Annapolis, Md., assemblyman; owner of K&B True Value in Annapolis; and — most recently — True Value board member.

Littmann spoke to HCN just before the K&B True Value Hardware Art Show (see it at homechannelnews.com) opened its doors.

October 1, 2013

As Chicago-based True Value seeks to encourage and support growth among members, the co-op’s six-and-half-year-old Destination True Value (DTV) remodeling program will continue to play a key role under new CEO John Hartmann.

But there may be some tweaks.

September 23, 2013

Chicago -- During his first general session speech to the assembled body of True Value dealers, CEO John Hartmann expressed a willingness to embrace change.

He started by announcing a symbolic change at the True Value headquarters, which will be known from now on as the "Retail Support Center." 

September 23, 2013

Chicago -- Here is a statistic that is raising optimism within the True Value pet department: 72% of pet owners consider their pet a member of their family. And what's more, 70% of dog owners think their dog understands how they are feeling better than most people do.

It's no secret that home owners love their pets, but the category is attractive to independent hardware stores for more retail-centric reasons, according to panelists on a True Value seminar here at the co-op's 2013 Fall Reunion.

August 29, 2013

True Value’s Kevin Rewerts, divisional VP of merchandising for automotive-pet-farm & ranch, said the co-op’s five-year plan to grow the farm-and-ranch-and-pet business by $100 million is on track. 

In an interview with HCN, Rewerts added that the pet division is taking on a retailer’s-best-friend role at the co-op, and has emerged as the fastest growing category at True Value. 

June 19, 2013

Nashville, Tenn. — Bill Harrison of McGuckin Hardware was one of thousands of technology-focused professionals who spent several days under the science fiction-like glass dome of the Gaylord Opryland Hotel here during the Epicor Global User Conference last month.

April 15, 2013

John Hartmann has been appointed as the company’s new president and CEO, following the retirement of Heidemann, effective May 31

April 8, 2013

From Ace's John Venhuizen

March 26, 2013

According to an article in the Record Searchlight of Redding, Calif., Weaver Lumber plans to take on the True Value brand.

March 1, 2013

The co-op's "Best Hardware Store in Town" awards are dished out to 13 True Value stores, from California to the Bahamas.

December 13, 2012

Hurricane lamps

November 2, 2012

Among the top 10 companies on the 2012 Home Channel News Industry Scoreboard, none grew faster than Brentwood, Tenn.-based Tractor Supply. The farm-and-ranch lifestyle provider showed a 16.3% sales increase and an overall ranking of seventh on the Top 300 retailer list.

Rural King Supply of Mattoon, Ill., moved up the list from 25th to 22nd. Also moving up the rankings were Atwood Ranch & Home of Enid, Okla., and Bomgaars Supply of Sioux City, Iowa.

September 24, 2012

Two notable newcomers appearing at the True Value Fall Market show floor in Salt Lake City were Stihl power tools and Benjamin Moore paints. 

Loyalty to national brands drives traffic, according to True Value senior VP and chief merchandising officer Mike Clark.

September 21, 2012

Salt Lake City – The good news about True Value’s Top 10 list of things retailers have to do to win in today’s world is that many retailers are already doing them.

The bad news is that the list might change.

September 14, 2012

Are you attending the True Value Fall Market in Salt Lake City? Join Margaret Fiester, from the Society for Human Resource Management and ToolkitHR, as she presents on effective recruiting and interviewing at the breakfast session on Saturday, Sept. 22.

Title: Getting the Most Out of Recruitment Efforts and Employment Interviews

Seminar date: Saturday, Sept. 22

Seminar time: 7:30 a.m. to 9 a.m.

September 6, 2012

When Mike Clark, True Value’s senior VP and chief merchandising officer, talks about growth areas, he points to canning, he points to pet food. He points to strength in these warm times, of anything that moves cool air through a ouse, or moves water around the yard.

But Clark seems most excited about initiatives in farm and ranch. 

September 6, 2012

When Mike Clark, True Value’s  senior VP and chief merchandising officer, talks about growth areas, he points to canning, he points to pet food. He points to strength in these warm times, of anything that moves cool air through a house, or moves water around the yard.

But Clark seems most excited about initiatives in farm and ranch. 

August 29, 2012

Even though he’s appearing on a prime time, national television commercial, Beyond Hardware True Value owner Matt Shapiro hasn’t gone Hollywood.

“I have to admit, I did very little besides show up and read my lines,” he said.

© 2014 Home Channel News. All Rights Reserved.