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Mastodon - 2024-10-15

·75 words·1 min
Matt Weagle
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Matt Weagle

Toots from 2024-10-15
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Read about True Value hardware declaring bankruptcy today: <https://finance.yahoo.com/news/true-v…
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Read about True Value hardware declaring bankruptcy today: https://finance.yahoo.com/news/true-value-declares-bankruptcy-sells-174128698.html

Which seemed odd to me, as they’ve been around for long time selling low-priced items.

It took me exactly one search to find perhaps another reason beyond the claimed “the housing market stalled and consumers have become far more picky about discretionary purchases like hardware” for the news:

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

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