True Value is prepared to close a regional distribution center in Springfield, Oregon, after filing for Chapter 11 bankruptcy protection last month, according to an Oct. 15 Worker Adjustment and Retraining Notification (WARN) notice.
As part of the filing, the hardware retailer plans to sell its business operations to rival Do it Best Corp. According to the notice, if the sale does not go through, the company will begin closing the Springfield facility on Dec. 7.
The closure would impact 98 employees, including 61 merchandise handlers, with layoffs to take effect Dec. 14. The company has already informed employees of the expected layoff date, per the notice.
It is unclear whether the bankruptcy will impact any of True Value’s 12 other regional distribution centers, or if the closure can be avoided if the sale closes by Dec. 7. True Value did not respond to a request for comment ahead of publication.
True Value serves roughly 4,500 independently owned and operated stores, which are not included in the bankruptcy filing.
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