PRICE & GANNON opened for business in May of 1959, on Commerce St., in downtown Centreville. The business was expanded and remodeled numerous times throughout the years. For many years, PRICE & GANNON operated as an "American Hardware" store, which later became "Servistar". PRICE & GANNON continued to operate as a "Servistar" hardware store until February of 2000, when the name "Servistar" was changed to "True Value", because of a corporate merger between the two buying co-ops. In August of 2001, the business was expanded and relocated to Centreville Park Centre, at which time the rental portion of the store was also opened. In May of 2009, PRICE & GANNON celebrated 50 years in business with a large celebration and week of festivities. A transition from True Value to Ace Hardware was made in 2013.