Major home improvement retailer files for bankruptcy, announces sale plans
(WJET/WFXP) — True Value, a well-known home improvement company, entered into a sale agreement Monday morning after filing for Chapter 11 bankruptcy. The Chicago-headquartered company entered an agreement with Do It Best. According to the bankruptcy filing, the 75-year-old company has $500 million to $1 billion in liabilities to over 1,000 creditors while claiming $100…