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Hardware wholesaler True Value Co. LLC has filed for bankruptcy protection and plans to sell itself to a rival. The 4,500 retail stores it serves are independently owned and not part of the bankruptcy, with the exception of one company-owned store.

A new location of discount grocery chain Aldi is opening in Florissant this week. The grocery store, at 240 Howdershell Road, will host its grand opening Thursday with an 8:45 a.m. ribbon cutting ceremony. Customers will be allowed to enter the store immediately following the ceremony, officials said. Aldi offers bakery items, meats and seafood, fresh produce, cheese and wine, along with seasonal food and home goods, often under its house brands. A spokesperson said the company is giving the…

The move represents the latest striking blow to the struggling central business district.

St. Louis-based climate technologies and HVAC business Copeland has changed the names of several of its products and services to its own, which officials said is a milestone following its spinoff last year from its former parent company in a multibillion-dollar deal.

Workers were busy Monday continuing to prepare the Chesterfield Mall for demolition, which will start Tuesday.

This was the family-owned tire retailer's first acquisition since receiving a private equity investment last year.

The 3,400-square-foot, single-story building will have four offices, a conference room and areas where clients can meet privately to discuss finances and two teller lines.

It will be a 'merger of equals' that will see a St. Louis public company name disappear, although it will keep a local presence.

The sale, for $1, would be contingent on the acquisition of Pittsburgh-based United States Steel Corp., whose Granite City Works is in St. Louis' Metro East.

Big Lots announced store closings Monday for the sixth week in a row.

It’s time to bet the over-under on how much will be spent this year on gambling ballot measures in Missouri. A good mark might be $60 million. Online bookies poured $32 million so far into the Amendment 2 campaign to legalize sports betting, and a casino company grumpy about the deal countered with $14 million to defeat it. The campaign for Amendment 5, to authorize a new casino at the Lake of the Ozarks, adds $9.4 million — bringing the total to more than $55 million. Winning for Missouri…

Another St. Louis restaurant has closed, after five years in business. Sunny's Cantina, a Mexican-American restaurant at 6655 Manchester Ave. in the Franz Park neighborhood south of Forest Park, closed its doors Sunday. "We have made the sudden and difficult decision to close our doors at Sunny’s Cantina," the owners had said in announcing the decision Friday on Facebook. "A month ago, we were planning on giving it another year at least, but it became clear these last few weeks that now is the…

Some of St. Louis' largest private companies, including Enterprise Mobility and Schnucks Markets Inc., also fall into another category: family-owned businesses.

Demolition on the mall is scheduled to begin Tuesday, and a lot of people are asking: Will it be demolished all at once?

Seven & i Holdings, the Japanese parent company of the Texas-based convenience store chain, said the hundreds of closures are due to underperformance caused by a variety of factors.

A Walgreens store in south St. Louis is closing next month. The store at 4140 S. Broadway in the Mount Pleasant neighborhood will close Nov. 13. Signs posted at the store said customer prescription records will be available at other Walgreens locations. In a statement, a Walgreens spokesperson said "increased regulatory and reimbursement pressures are weighing on our ability to cover the costs associated with rent, staffing and supply needs." The closure comes as multiple pharmacy chains in…

A St. Louis-based appliance retailer has fully opened its latest showroom, tripling the space it had at a prior location nearby.

The move comes days after negotiations stalled between Boeing and 33,000 of its employees in the Pacific Northwest. Those workers have been on strike since mid-September.

If three Missouri Supreme Court judges had their way, voters would not have a say on whether to legalize abortion statewide on this year’s general election ballot. This November, those voters will have the option to use a power they’ve never used before.

One of Ameren Missouri’s largest coal plants will shut down Monday after more than 13 years of litigation over its failure to comply with federal clean air regulations.  The St. Louis-based electric utility will retire the Rush Island Energy Center, a two-unit 1,178-megawatt coal plant on the banks of the Mississippi River in Jefferson County, which operated for years in violation of the Clean Air Act.  Ameren, which serves 1.2 million customers in Missouri, announced in 2021 it would retire…