Exhibit 21


                           Subsidiaries of Registrant

The registrant owns 100% of the issued and outstanding capital stock of
TruServ Acceptance Company, TruServ Logistics Company, and General Paint and
Manufacturing Co., all Illinois corporations, ServiStar Paint Company and
Advocate Services Incorporated, both Pennsylvania Corporations, TrueValue.com, a
Delaware Corporation, Cotter Canada Hardware & Variety Company, Inc., a Canadian
corporation, and is the sole member of MaryGreen, LLC, and TruServ Specialty
Company, LLC, both Delaware limited liability companies. The accounts of these
subsidiaries have been consolidated with the registrant's in December 31, 2001
and 2000.