Since the announcement of True Value’s bankruptcy filing, other hardline wholesalers and distributors have promoted their interest in providing products to those independent retailers impacted by the filing. Do it Best seeks to assure affected dealers that a stable and reliable solution, especially in the immediate term with drop ship orders, is already operating and ready to support all their product needs through a simple no-fee Do it Best application process that ensures ordering within 24 hours.
While Do it Best announced its bid to acquire substantially all of the True Value assets and business operations, the transaction remains subject to regulatory and court approvals. During this process, Do it Best and True Value must remain separate and distinct companies operating independently in the hardline wholesale marketplace.
“Despite all the news and headlines, it remains business as usual at Do it Best,” said Dan Starr, Do it Best President and CEO. “Business as usual means providing the full value of our sales team, distribution network, extensive vendor relationships, and supply chain excellence to every dealer who wants to grow their sales. Our professional sales team is the best in the industry and are experts in identifying the right products and services to help drive retail success.”
“As our current member-owners already know and appreciate, Do it Best is the industry’s only full-service co-op distributor with a focus on building strong, profitable partnerships that benefit our stores, our vendors, and consumers for the long term,” continued Starr. “If any retailer in the marketplace is experiencing uncertainty or supply disruptions, Do it Best stands ready, willing, and able to meet their needs, and they don’t have to rebrand or take their sign down to do it. Our message is clear: Do it Best is here to bring stability and to supply independent home improvement retailers with the least disruption so store owners can focus on serving their customers.”
Any independent retailer looking to stabilize their product purchasing should contact the Do it Best Sales Support team at 260-748-5588.
About Do it Best
Based in Fort Wayne, IN, Do it Best is the only US-based, member-owned comprehensive and fully integrated hardware, lumber, and building materials buying cooperative in the home improvement industry. With annual sales of nearly $5 billion, Do it Best serves thousands of member-owned locations across the United States and in more than 50 other countries. For more information, visit doitbestonline.com and follow us on Facebook, Instagram, LinkedIn, and Twitter.