Bites the Dust
Just read there filing Bankruptcy and selling out to a competitor if courts allow
A lot of Independent Dealers out there
Be interesting how this will play out
Sad to hear!
I have a buddy that owns three stores. Just switched over to them from private ownership last year. Haven’t heard this.
I read the Stock Market reports daily and other
Financial publications and it hit the news yesterday
They have a buyer
Best Way I believe was the name
Tru Value was my go to store for many of years
They estimated there debt @
500 Million to a Billion
That stinks
Makes you wonder how that’s not down right criminal. I mean the common person can tell when they are losing money. Nobody is messing up some math and loosing 500 million.
Just let’s you know there’s an incentive out there for a company to run itself in the ground before going out of business.
Hard to compete with Lowe’s and Home Depot
Your right TrapperPerry 100%
And Amazon
Walgreens next on the hit list
Closing 1200 stores nation wide
In debt up to there eye balls
Built up 8000 locations
Every grocery chain and Walmart has a pharmacy
I try to help my local stores but it’s so easy to order something, get it in a day or two and no shipping. I wonder how things would be without the local stores though? I saw a lot of things come and go while on the road working.