In 2017 comparable retail sales of the True Value stores increased by 0.8 per cent, as reported by more than 1 700 retailers who provide point-of-sale data, while comparable retail sales of the Destination True Value distribution channel increased by 1.9 per cent. The financial report also revealed that the gross billings of True Value declined by 0.9 per cent to USD 2.055 bn.
Financial report 2017
Slight drop in number of stores operating under the True Value logo
In 2017 comparable retail sales of the True Value stores increased by 0.8 per cent, as reported by more than 1 700 retailers who provide point-of-sale data, while comparable retail sales of the Destination True Value distribution channel increased by 1.9 per cent. The financial report also revealed that the gross billings of True Value declined by 0.9 per cent to USD 2.055 bn.