Your local hardware store is not going anywhere despite True Value declaring bankruptcy on Monday, opting to sell its assets to Do it Best.

According to a press release, True Value will continue its day-to-day operations of selling its hardware and other products to its 4,500 independently operated locations during its Chapter 11 bankruptcy. There are two True Value-branded hardware stores in Door County and one in Kewaunee County, but they are not included in the proceedings because, like most of the locations, they are independently owned. Do it Best is similar to True Value as it is a wholesaler with over 3,300 locations that sells hardware and other products to independent stores. "We believe that entering the process with an agreed offer from Do it Best, which has a similar decades-long history in the home improvement space and also operates with a focus on supporting members and helping them grow, is the most beneficial next step for True Value and our associates, customers, and vendor partners," said True Value Chief Executive Officer Chris Kempa. "We thank these valued stakeholders for their continued loyalty as we work to secure a stronger future for True Value." There are three Do it Best stores in Door County and two in Kewaunee County. The sale is expected to be finalized by the end of the year.