Comment on After filing for bankruptcy, True Value says it could lay off hundreds of workers in Illinois

After filing for bankruptcy, True Value says it could lay off hundreds of workers in Illinois

Chicago-based hardware retailer True Value, which filed for Chapter 11 bankruptcy last week, could lay off nearly 900 employees in Illinois alone if the company isn’t sold during bankruptcy proceedings, it said in mandated state filings. True Value, which has about 4,500 stores, filed for bankruptcy in federal court in Delaware on Oct.

 

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