The Industry Standard: Intelligence for the Information Economy

  September 5, 2001
  NEWS & ANALYSIS
   Headlines
   Money & Markets
   Tech & Telecom
   Media & Marketing
   Metrics & Stats
   Policy & Politics
  SEARCH
   
  advanced search
  SERVICES
   Company Index
   Newsletters
   Wireless
  PRINT EDITION
   Read the Magazine

Home > Company Index > Retail > Building Materials & Gardening Supplies Retailing & Wholesale > TruServ Corporation

TruServ Corporation
 PROFILE
TruServ trumps Ace Hardware as the largest member-owned hardware cooperative in the US. Formed by the merger of Cotter & Company (supplier to the True Value chain) and ServiStar Coast to Coast, the cooperative serves some 7,700 retail outlets, including its flagship True Value hardware stores. The company sells home improvement and garden supplies and also manufactures its own brand of paints and the necessary applicators. Its other chains include Grand Rental Station, C&S Choices, Home & Garden Showplace, and Taylor Rental Center. TruServ has streamlined its executive staff and announced plans cut up to 10% of its workforce amid a loan default, revelations of accounting problems, and stores quitting the co-op.

 COMPETITION
Ace Hardware Corporation (dossier)
The Home Depot, Inc. (HD)
Lowe's Companies, Inc. (LOW)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 3,993.60
1-Yr. Sales Growth: (11.3)%
Employees: 4,800
Revenue per employee: $832,000.00

 KEY PEOPLE
• Joe W. Blagg
    CEO
• Pamela Lieberman
    CFO

 CONTACT INFO
8600 W. Bryn Mawr Ave.
Chicago, IL 60631
US
Phone: 773-695-5000
Fax: 773-695-6516
Online: Web Site

Company Data   News, quotes & more       

Hoovers Online   Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.


ADVERTISEMENT
FEATURED LINKS
Home |  Customer Service |  About Us
Australia |  Brazil |  China |  Korea |  Norway |  Poland |  Sweden |  Taiwan

Copyright ©2001 Standard Media International. Privacy Policy
Stock data provided by Stockpoint and its data suppliers. Copyright © 1995-2001