Growth for True Value

Last year True Value, the American retailer-owned wholesale cooperative, increased net sales by 0.4 per cent to US $ 1.3991 bn. The affiliated dealers grew their sales at retail by 1.5 per cent in like-for-like terms. The number of shops from the main channel of distribution saw an increase of 44 in 2012. Nearly 90 000 m² of floorspace in the Destination True Value (DTV) line, a format introduced in 2008, has been added through conversions or openings.