retailers

Mattoon, Ill. — In mid-October, Rural King, a family-owned retailer dedicated to the rural lifestyle, opened its newest store in Bainbridge, Ga. — marking its first in the Peach State. With a legacy spanning over six decades, Rural King has established itself as a cornerstone of the communities it serves. The new Bainbridge store location, located at 1615 E. Shotwell St., uses innovative features designed to enhance the shopping experience, including mobile and self-checkouts, while maintaining the personal touch that defines Rural King’s customer service. “Rural King is excited to …

Chicago — Hardware retailer True Value Co. LLC has initiated voluntary Chapter 11 bankruptcy proceedings in the U.S. Bankruptcy Court for the District of Delaware. The Chicago-based retailer has also entered into an agreement to sell substantially all of its business operations to Do it Best Corp., another entity within the home improvement retail sector and former rival. According to Reuters, Do it Best will serve as the stalking horse bidder for True Value with an acquisition price set at $153 million in cash and the assumption of $45 million …

New York City — Primark, an international clothing retailer that offers quality fashion at value prices, has signed a lease for its first storefront in Manhattan. To be located in Herald Square in the revitalized Penn District, the new store will serve as a flagship location for Primark. Located directly across the street from Penn Station, the most highly trafficked train station in the country, the new store will be situated in a prime location to attract commuter foot traffic, enabling Primark to reach more shoppers in the region than …