Read about True Value hardware declaring bankruptcy today: https://finance.yahoo.com/news/true-value-declares-bankruptcy-sells-174128698.html
Which seemed odd to me, as they've been around for long time selling low-priced items.
It took me exactly one search to find perhaps another reason beyond the claimed "the housing market stalled and consumers have become far more picky about discretionary purchases like hardware” for the news:
Private Equity sucks the life out of every company it touches. Fucking parasites.
