True Value
American wholesaler / From Wikipedia, the free encyclopedia
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For the statistical concept, see True value.
The True Value Company is an American wholesaler.[1]
This article contains content that is written like an advertisement. (August 2018) |
Quick Facts Trade name, Company type ...
True Value | |
Company type | Private |
Industry | Hardware stores |
Founded | Chicago, Illinois, U.S. (1948; 76 years ago (1948), as Cotter & Company) |
Founder | John Cotter |
Headquarters | , |
Number of locations | 4,500+ (60 countries)[1] |
Key people | Chris Kempa (CEO)[2] |
Products |
|
Revenue | US$1.488 billion (2017)[3] |
US$ 40.16 million (2017) | |
US$ 24.75 million (2017) | |
Total assets | US$ 912.88 million (2017) |
Total equity | US$ 160.4 million (2017) |
Owner | ACON Investments |
Number of employees | 2,500 (2019)[4] |
Website | truevalue |
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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]