Content about John Hartmann

July 29, 2014

True Value Company reported strong results in the second quarter, with a revenue boost of 4.5% driven largely by an expanded assortment of farm, ranch, automotive, pet, seasonal and plumbing products.

Reported revenue for the co-op was $429.5 million for the three months ended June 28, compared with $411.2 million year-over-year.

April 29, 2014

Pointing to success of an expanded farm, ranch, auto and pet assortments, Chicago-based True Value posted gains in gross billings and revenues for the first quarter ended March 29.

The co-op reported gross billings of $460.1 million for the quarter, up 3.6% from $444.2 million for the same period a year ago. Revenue was $331.5 million, an increase of 6.0%.

The cooperative posted a quarterly net margin of $0.9 million, up slightly from $0.4 million a year ago.

March 19, 2014

Adam Schoelkopf of Bedford True Value Hardware in Bedford, N.Y., recently accepted a True Value Best Hardware Store in Town award on behalf of the store.

A total of 13 stores were recognized by the co-op during its Spring & Rental Reunion held in Atlanta. 

“These are talented business people who work incredibly hard to bring their communities the best service and shopping experiences possible,” said True Value president and CEO John Hartmann. 

February 23, 2014

Atlanta – An information-packed general session here at the True Value Reunion included up-close interviews with a new slate of senior executives and an update on the co-op’s long-running strategic planning effort.

And there was also a little comedy on the stage, as actors impersonated shoppers experiencing BBTSD, or “big box traumatic stress disorder.”

November 4, 2013

Chicago-based True Value Co., which took on a new CEO in May, announced the arrival of three new executives to the co-op's leadership team.

The restructuring brings Ken Goodgame, a former Ace executive, to True Value as senior VP and chief merchandising officer. He will replace Mike Clark, who announced his retirement. Also, Abhinav Shukla joins True Value as senior VP and COO; and Tim Mills becomes the company's new senior VP of growth.

November 1, 2013

Chicago-based True Value Co. reported gross billings of $455.1 million for the quarter ended Sept. 28, an increase of 1.4%  from $448.9 million for the same period a year ago. 

Revenue was $346.5 million, an increase of 2.0% or $6.9 million from $339.6 million a year ago. Comparable-store sales to core domestic hardware store outlets were up 2.8% at wholesale and 4.5% at retail for the quarter.

October 18, 2013

True Value Corp. CEO John Hartmann’s first mission was to meet as many dealers as fast as possible. In his first three-and-half-months on the job, he talked to some 450 retailers at 13 roundtable events around the country.

October 1, 2013

As Chicago-based True Value seeks to encourage and support growth among members, the co-op’s six-and-half-year-old Destination True Value (DTV) remodeling program will continue to play a key role under new CEO John Hartmann.

But there may be some tweaks.

September 23, 2013

Chicago -- During his first general session speech to the assembled body of True Value dealers, CEO John Hartmann expressed a willingness to embrace change.

He started by announcing a symbolic change at the True Value headquarters, which will be known from now on as the "Retail Support Center." 

September 20, 2013

Chicago -- True Value Company kicked off its annual fall market here in Chicago with the promise of a "new market experience."

The Sept. 20-22 event is branded as the co-op's "Reunion," with adjustments to the schedule and show floor layout -- and most notably, new leadership. The event will be the first market for new CEO John Hartmann, and dealers will also get to mingle with chairman of the board Brent Burger. 

July 29, 2013

Chicago-based True Value Co. Monday night reported gross billings of $543.3 million for the quarter ended June 29, up 1.4% from $536.0 million in the same quarter last year.

Revenue was $411.5 million, up 1.0% in the quarter. The quarterly net margin for the co-op was $23.8 million, up 7.2% from the same period last year. 

April 15, 2013

John Hartmann has been appointed as the company’s new president and CEO, following the retirement of Heidemann, effective May 31

True Value has announced the retirement of president and CEO Lyle Heidemann, effective May 31. John Hartmann has been appointed as the company’s new president and CEO, following the retirement of Heidemann. Heidemann will continue to serve True Value through the end of 2013 as an adviser.