True Value Company saw its comps edge up in the second quarter, as the hardware cooperative said it progressed with its multi-year strategic growth plan.
Total retail comparable store sales were up 0.9% for the quarter ending July 1, 2017, with increases in seven of twelve regions of the country and in six of the company’s nine product categories. Targeted initiatives and investments led to a 22% increase in visits to TrueValue.com and a 19% increase in online sales. Destination True Value format comparable store sales were up 1.8% in the quarter and 1.1% year-to-date.
