August 17, 2015

CEO likes what he sees in the first half numbers.

July 1, 2015

True Value brought its national training program to the masses.

June 15, 2015

CEO John Hartmann was one of dozens of co-op leaders who brought training “chats” to the stores.

May 4, 2015

True Value Company has announced that Deborah O’Connor will join the company as senior VP and CFO, succeeding David Shadduck, who left True Value effective April 30, 2015.

March 8, 2015

John Hartmann opened the co-op's general session with a list of bullet-points showing momentum and strength for the Chicago-based co-op and its members.

March 4, 2015

In the shadow of O’Hare Airport in a strip mall next to a Hobby Lobby, the Mount Prospect, Illinois, True Value store serves as a laboratory and a retail-testing zone for the co-op.

February 4, 2015

As True Value dealers descend on Dallas for the Spring Reunion, the company's "Strategy in Action" is described in the current issue of HBSDealer.

February 4, 2015

Glenview True Value builds a retail destination every day.

December 29, 2014

Whether you’re engaged in the distribution of heavy building materials to dusty job sites, or the display of stylish home decor in a well-lit showroom, the hardware and building supply industry is one giant exercise in human resources.

December 17, 2014

The True Value Company CEO starred in CBS television’s season six premiere of “Undercover Boss.” Here’s the episode.

December 15, 2014

The former FBI agent and current CEO of Chicago-based True Value Company went undercover on the CBS TV show "Undercover Boss" broadcast Sunday night.

November 24, 2014

True Value CEO John Hartmann had a lot of respectable and dignified things to say about his upcoming role on the CBS series "Undercover Boss." But, if the show's established formula is any indication, things are bound to get emotional for the co-op and its leader. If he's like most CEOs who go undercover, we'll probably see him get a little misty-eyed.

Worse things have happened on the show.

November 19, 2014

True Value’s boss went undercover, and the cameras were rolling.

True Value Company president and CEO John Hartmann will appear in the season six premiere of "Undercover Boss" airing on Dec. 14 on CBS.

October 20, 2014

DENVER — Some 4,000 people filed into the Bellco Theatre in Denver to hear the latest on True Value’s much-anticipated unveiling of its strategic plan.

As we settled into our seats, a stringed instrument quartet pounded out the heart-throbbing chords of Led Zeppelin’s Kashmir. About two hours later, president and CEO John Hartmann was driving across the stage on a dirt bike. An uninvited fire alarm interfered with his closing remarks, but the point was made: engagement, growth, efficiency — three pillars of a new True Value.

October 12, 2014

 

Denver – True Value unveiled big plans for its advertising in 2015. In President and CEO John Hartmann's words, "the changes will be transformational, and I mean like we haven't advertised in over a decade."

Hartmann left it up to SVP & Chief Customer Officer Blake Fohl and SVP & Chief Merchandise Officer Ken Goodgame to deliver the news of an expanded national TV branding campaign. They described a national television program with ten times more spend in 2015. 

October 12, 2014

Denver -- During the True Value General Session here, with the co-op presenting details of its much-anticipated strategic plan, president and CEO John Hartmann painted a picture of the company building on the principles of “engagement,” “growth” and “efficiency.”

October 12, 2014

Denver -- The General Session at the 2014 True Value Fall Reunion in Denver opened with a few words of inspiration from chairman of the board Brent Burger.

"As you can see from the agenda card, we have a very full program this afternoon and I promise you that it will be one of most exciting General Sessions we have ever had," said Burger, the owner of five Campbell's True Value locations in Maine.

July 31, 2014

True Value is in the midst of a "transitional year," according to CEO John Hartmann.

July 29, 2014

True Value Company reported strong results in the second quarter, with a revenue boost of 4.5% driven largely by an expanded assortment of farm, ranch, automotive, pet, seasonal and plumbing products.

Reported revenue for the co-op was $429.5 million for the three months ended June 28, compared with $411.2 million year-over-year.

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. 

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.”

November 4, 2013

Chicago-based True Value Co., which took on a new CEO in May, announced the arrival of three new executives to the co-op's leadership team.

The restructuring brings Ken Goodgame, a former Ace executive, to True Value as senior VP and chief merchandising officer. He will replace Mike Clark, who announced his retirement. Also, Abhinav Shukla joins True Value as senior VP and COO; and Tim Mills becomes the company's new senior VP of growth.

November 1, 2013

Chicago-based True Value Co. reported gross billings of $455.1 million for the quarter ended Sept. 28, an increase of 1.4%  from $448.9 million for the same period a year ago. 

Revenue was $346.5 million, an increase of 2.0% or $6.9 million from $339.6 million a year ago. Comparable-store sales to core domestic hardware store outlets were up 2.8% at wholesale and 4.5% at retail for the quarter.