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Hanover True Value Closes Its Doors after Operating in the Community for Over 100 Years

May 10, 2023 07:33PM ● By Stephanie Hatley
Last month, Hanover True Value closed its doors after operating in the community since 1918. Owners and managers Mike and Sonya Campbell decided to retire, and even though the business had been open to buyers for over a year, no transaction happened. Sonya recognized how difficult it is to run a small business, especially with the increasing rates. There were two potential buyers, but neither came to fruition.

Sonya also recalled the days of her high school youth when everyone could buy anything they needed at the store. She started working right after graduation in 1976 and eventually bought it in 1991. Hanover True Hardware was also a place where you could get advice and help when you had a problem. The community will truly miss the experience of the employees, the convenience of the products, and the hospitality of everyone at Hanover True Value.

Now Daniel Justynski, director of real estate for Dartmouth College, will have to figure out what to do with the retail space. It may become three separate storefronts to lure in small business owners to a smaller space.

And what about the Campbells? They’re going to enjoy retirement—and they deserve to! Other than taking a few trips over the next six months, Mike and Sonya don’t have any special plans. They’ll certainly enjoy spending more time with their grandchildren now that they don’t have a business to run. We wish them well in this next season of their lives and thank them for their commitment and service to the Hanover community!

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