Peter's True Value Hardware store in South Lyon will close its doors for good in September after serving the community for more than 40 years.

Owner Peter Grebeck said online shopping and difficulty in hiring led to his decision to close the South Lyon hardware store.

This week, hardware store chain True Value announced it filed for Chapter 11 bankruptcy, and is expected to be acquired by rival Do it Best. How does that affect Ohio? Here's what to know.

Krueger's True Value in Neenah is closing after over 159 years of business due to owners' retirement. A closing sale will begin on July 22, with select items up to 50% off.