>True Value, a 75-year old hardware store brand, has filed for bankruptcy
>and is selling substantially all of its operations to a rival, the company
>announced Monday.
>
>In a press release, True Value said it will continue day-to-day operations
>of selling hardware and other homeware tools to its 4,500 independently
>operated locations during the Chapter 11 process, which includes a $153
>million stalking horse bid from rival company Do it Best.
>
>True Value said its stores will remain open, because they are not part of
>the bankruptcy proceedings.
>
>In bankruptcy court filings, True Value said it faces a significant cash
>crunch as the housing market stalled and consumers have become far more
>picky about discretionary purchases like hardware. Bigger rivals like Home
>Depot and Lowe�s have also been in a yearslong slump since the pandemic
>boom, but they remain in a significantly stronger financial situation than
>True Value.
>
>Still, a number of other chains have voiced similar problems that also
>tipped them into bankruptcy, including Big Lots and LL Flooring.
>
>�After a thorough evaluation of strategic alternatives, we determined that
>the sale of our business was the path forward to maximize value and best
>serve our retail partners and other stakeholders into the future,� said
>True Value CEO Chris Kempa in a release.
>
>Do it Best is a member-owned wholesaler that sells hardware, lumber and
>other home goods to independent stores.
>
>�Do it Best has a proven track record of driving profitability through the
>most efficient operations in the industry,� said Do it Best CEO Dan Starr
>in a statement. �This acquisition, if consummated, would provide True
>Value and independent hardware stores the strongest opportunities for
>growth for years to come.�
>
>The transaction with Do it Best is expected to close by the end of the
>year, unless there�s better offers.
>
>For more CNN news and newsletters create an account at CNN.com
>
>https://finance.yahoo.com/news/true-value-declares-bankruptcy-sells-
>174128698.html
>

Another capitalist failure. Why didn't stupid TruValue hire executives who
were capitalists? The entire economy has failed because all the top
executives in this country are anticapitalist Communist dirtbags. Harris
gave the order yesterday. Did you know that she and Biden were behind all
9 of Trump's bankrupcies too!

Trump hasn't forgotten and he was crying about it to the women last night.

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Harold Dewayne Bell

Little Rock police arrested a 37-year-old man accused of raping a child, according to a report.

Harold Dewayne Bell faces one count of rape and was taken into custody Monday afternoon at his residence, 9805 Tamela Drive in Little Rock, according to the report.

Bell is accused of assaulting a girl in May, when the victim was 5 years old, according to a report. The victim's mother said she had gone on a date and asked Bell to baby-sit her daughter.

The mother said she returned home around 10 p.m. and her daughter was already asleep, according to the report. The next day, on May 11, the mother asked her daughter if anybody touched her and the young girl responded with a yes, according to the report.

The mother told police she asked what happened and who was responsible. The report said her daughter described the assault.

Bell was listed on Pulaski County jail's inmate roster Wednesday night.

https://www.arkansasonline.com/news/2017/nov/02/camera-computer-stolen-near-ualr-strike/

https://wehco.media.clients.ellingtoncms.com/img/photos/2018/06/21/Screen_Shot_2018-06-21_at_12.10.59_PM_t800.png?90232451fbcadccc64a17de7521d859a8f88077d
Jalen Henson, 18

A Jacksonville man was arrested Wednesday, accused of having sex with a 13-year-old, North Little Rock police said.

Jalen Henson, 18, faces two counts of rape and two counts of second-degree sexual assault, according to an arrest report. He was taken into custody about 9:45 a.m. at the North Little Rock Police Department's investigations division offices at 615 W. 29th St., authorities said.

Henson was still in the Pulaski County jail as of Wednesday evening, records show.

https://www.arkansasonline.com/news/2018/jun/21/central-arkansas-man-accused-raping-13-year-old/

https://wehco.media.clients.ellingtoncms.com/img/photos/2017/03/16/Screen_Shot_2017-03-16_at_7.58.34_AM_t800.png?90232451fbcadccc64a17de7521d859a8f88077d
Derek Sean Johninson

HOT SPRINGS -- A Little Rock man was sentenced to 30 years in prison Tuesday after pleading guilty to the 2015 rape of a 10-year-old girl in Hot Springs.

Derek Sean Johninson, 43, who was scheduled to stand trial March 27, appeared before Garland County Circuit Judge Marcia Hearnsberger to enter his plea to the felony charge, punishable by up to life in prison, and in addition to prison time was ordered to register as a sex offender and pay a $250 registration fee.

Johninson, who has remained in custody since his arrest Dec. 30, 2015, is classified as a habitual offender, having been convicted in 1991 of theft by receiving; in 1996 of theft by receiving and theft of property; in 1998 of possession of a firearm by certain persons and criminal use of a prohibited weapon; and in 2001 of first-degree terroristic threatening, all in Pulaski County. He will be given credit for time served since his arrest.

According to the affidavit, the Hot Springs Police Department was notified Sept. 13, 2015, by officers with the Racine, Wis., Police Department that a 10-year-old girl in their jurisdiction had filed a complaint saying Johninson had forced her to perform oral sex and raped her on multiple occasions over the past year.

She said the abuse occurred during the night at Johninson's former residence in Hot Springs. She said the last assault had occurred Sept. 11, 2015, in Hot Springs before she and her mother moved to Wisconsin.

The victim was examined at a hospital in Wisconsin and a sexual-assault testing kit was sent to Hot Springs police, who submitted it to the state Crime Laboratory in Little Rock for analysis.

The lab results led to the issuance of an arrest warrant for Johninson; he was taken into custody in Little Rock.

https://www.arkansasonline.com/news/2017/mar/16/lr-man-gets-30-years-for-sex-assault-of/