Daily News
From Home Furnishing Business
April 12,
2017 by Jane Chero in Business Strategy, Designer Weekly, High Point, Industry, Market 
Home furnishings resource Abbyson has teamed up with the Interior Design Society (IDS) to present Fashion Forward Interiors: A Trend + Color Forecast. The lunch and learn event is slated for Monday, April 24, inside Abbyson’s new showroom C1156 in IHFC during the High Point Spring Market, April 22-26.
April 12,
2017 by Larry Thomas in Business Strategy, Industry
Sherwin-Williams and Valspar (NYSE: VAL), whose proposed merger has raised concerns from the Federal Trade Commission, announced that Valspar has agreed to sell its North American industrial wood coatings business to Axalta Coatings Systems (NYSE: AXTA) for about $420 million in cash.
April 12,
2017 by Larry Thomas in Business Strategy, Industry, Store Openings
Boston Interiors has unveiled plans for a second new store in 2017, a move that will give the retailer nine locations in Massachusetts and New Hampshire by the end of the year.
April 11,
2017 by Larry Thomas in Business Strategy, Executive Changes, Industry
Rent-A-Center (NASDAQ: RCII), the struggling rent-to-own operator, said it has named interim CEO Mark Speese as permanent CEO, and unveiled a strategic plan aimed at driving growth, restoring profitability, and boosting its sagging stock price.
April 11,
2017 by Larry Thomas in Business Strategy, Executive Changes, Industry
Houston-based Star Furniture said Bill Kimbrell has resigned as CEO after 12 years at the helm of the 11-store retailer.
April 11,
2017 by Larry Thomas in Business Strategy, Industry
Solid wood case goods and custom upholstery recourse Kincaid has added 74 retailers to its Kincaid Shoppe format this year, and the company said it will continue to seek additional dealers for the interactive, in-store program.
April 10,
2017 by Larry Thomas in Business Strategy, Designer Weekly, High Point, Industry, Market, Product, Upholstery
Drexel Heritage, which has been known for its traditional collections for decades, is repositioning itself as a contemporary brand and will unveil two major collections and a custom upholstery program at this month’s High Point Market that reflect the rebranding.