True Value is planning to close its regional distribution center in Springfield, Oregon, following a Chapter 11 bankruptcy filing. The hardware retailer intends to sell its operations to Do it Best Corp, with the potential closure of the Springfield facility set for December 7 if the sale does not proceed. This closure will affect 98 employees, with layoffs scheduled for December 14. It remains uncertain if other distribution centers will be impacted by the bankruptcy or if the closure can be averted. True Value serves around 4,500 independent stores not affected by the filing.

Source: https://www.supplychaindive.com/news/true-value-bankruptcy-distribution-center-closure/731980/