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Industry Center > > True Value Company Company Profile
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True Value Company Company Profile
To survive against home improvement giants such as The Home Depot and Lowe's, True Value (formerly TruServ) is relying on the true value of service. Formed by the 1997 merger of Cotter & Company (which supplied the True Value chain) and ServiStar Coast to Coast, the retailer-owned hardware cooperative serves some 4,600 retail outlets in 50-plus countries. Stores offer home improvement and garden supplies, as well as appliances, housewares, sporting goods, and pet food. In addition to the flagship True Value banner, members operate under the names of Taylor Rental, Grand Rental Station, Home & Garden Showplace, and Induserve Supply, among others. True Value also manufactures its own brand of paints.
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Contact Information
Address: 8600 W. Bryn Mawr Ave.
Chicago, IL 60631-3505
Financial Highlights
Fiscal Year End:December
Key People
President, CEO, and Director: Lyle G. Heidemann
Senior Vice President, Chief Financial Officer: David A. (Dave) Shadduck
VP and CIO: Rosalee Hermens
Industry Information
Top Competitors
The Home Depot, Inc.
Lowe's Companies, Inc.
Wal-Mart Stores, Inc.

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