EXHIBIT 99.1


                                 [TRUSERV LOGO]

                                  PRESS RELEASE

                                                   For more information contact:
                                                   Mary Viola
                                                   TruServ Corporation
                                                   773-695-5280
                                                   mviola@truserv.com


                    TRUSERV NAMES NEW CHIEF FINANCIAL OFFICER

CHICAGO, NOV. 20, 2001 - TruServ Corporation has appointed David A. Shadduck
senior vice president and chief financial officer, reporting to Pamela Forbes
Lieberman, president and chief executive officer for the hardware/home center
cooperative.

         Shadduck, 40, joined TruServ in June with nearly 18 years of finance
experience. Prior to TruServ, he was controller of the Automotive Aftermarket
division for Tenneco Automotive. Prior to Tenneco Automotive, Shadduck was group
controller for the Original Equipment division of Fel-Pro Inc. (now Federal
Mogul). At Fel-Pro, Shadduck held increasingly responsible positions including
director of their cost reduction initiatives and assistant corporate controller.
Shadduck also spent 10 years in public accounting and consulting with Arthur
Andersen.

         As chief financial officer, Shadduck will direct all finance operations
for TruServ, applying his expertise in the areas of strategic and operational
planning, capital markets, forecasting, analysis, expense control and capital
spending.

         "Dave is a highly qualified professional who brings a rigorous approach
to the finance discipline," said Lieberman. "He's made significant contributions
at some of the most successful companies in America and he understands our
industry and the dynamics of what drives profitability."

         A resident of Mount Prospect, Ill., Shadduck holds a bachelor's degree
in Accounting from the University of Iowa. He received his CPA in 1983.

         TruServ, headquartered in Chicago, is a member-owned cooperative
supporting annual retail sales of more than $12 billion. The TruServ cooperative
includes more than 7,300 independent retailers worldwide operating under the
store identities of True Value, Grand Rental Station, Taylor Rental, Home &
Garden Showplace and Induserve Supply. Additional information on TruServ and its
retail identities is available at www.truserv.com.


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