CHICAGO, March 3, 2016
– As True Value Company was demonstrating the Value of Momentum to its member-retailers during the 2016 Spring Reunion, the cooperative also wanted to share a bit of that momentum with its host community.
Together with vendors, True Value donated over $350,000 in merchandise to the Houston Habitat’s ReStore, a nonprofit home improvement store and donation center that sells new and slightly used furniture, building materials, home accessories and other items for a fraction of retail prices.
True Value’s Spring Reunion is a three-day hardware trade event that brings together member-retailers, vendors and True Value associates for the purpose of seeing the latest new products and services available in the hardware industry. The company has been partnering with Habitat for Humanity since 2008.
On Feb. 21 – the last day of the trade show – nearly 150 volunteers from Houston Habitat visited the George R. Brown Convention Center to fill truckloads of donated paint, home goods, lighting fixtures, hardware and various DIY materials.
The ReStore is open to the general public, but designed to assist people and families in need. Proceeds from the ReStore help Houston Habitat build more homes for hard-working, low-income families.
“Our primary targets are people who can’t afford nicer items and are just trying to get by,” said Matt Murphy, Warehouse & Communications Manager for Houston’s ReStore. “For example, if they have four kids and can’t afford to get a broken dishwasher fixed, they can come to us. If we’re having a sale, they could get a gently used one for as little as $10.”
The Houston ReStore is the second largest in the United States, with 30,000 square feet of retail floor space. It accepts used and slightly damaged items to resell, but it also sells brand new items—automatically knocking 50 percent off of their retail price.
“I can’t think of a better way to have capped off our three-day Spring Reunion than bringing our vendor-partners and associates together with Habitat for Humanity volunteers,” said President and CEO John Hartmann. “It’s amazing to see what happens when True Value and Habitat team up.”
ABOUT TRUE VALUE COMPANY
True Value Company, headquartered in Chicago, is one of the world’s largest retailer-owned wholesale hardware cooperatives with gross billings of over $2 billion and revenue of $1.5 billion in 2014. The True Value cooperative includes approximately 4,500 independent retailer locations worldwide operating under the store identities of True Value, Grand Rental Station, Taylor Rental, Party Central, Home & Garden Showplace and Induserve Supply. Additional information on True Value and its retail identities is available at www.truevaluecompany.com.
ABOUT HOUSTON HABITAT FOR HUMANITY
Houston Habitat has built nearly 1,000 homes for low-income Houstonians since its incorporation in 1987. Houston Habitat Partner Families must contribute 300 hours of “sweat equity” and complete home maintenance and financial training to purchase homes with zero-interest mortgage. For more information, visit houstonhabitat.org.