Art Van Furniture announced Monday it has agreed to buy Altoona, Pa.-based Wolf Furniture and confirmed previous reports that the retailer had acquired Pittsburgh-based Levin Furniture.
Upholstery and case goods resource United Furniture Inds. said it has signed an agreement to buy Lane Furniture from Heritage Home Group, adding a second well-known brand name to its stable.
Levin Furniture, a family owned retailer with stores in the Pittsburgh and Cleveland markets, has been acquired by Art Van Furniture, according to several media reports.
Vintage Capital, the majority owner of rent-to-own operator Buddy’s Home Furnishings, offered to buy struggling Rent-A-Center (NASDAQ: RCII) today for $13 a share.
The High Point Market Authority has purchased four kinetic art sculptures in downtown High Point that have been on loan from the artists since early 2016.
The private equity group Blackstone said funds managed by Blackstone Real Estate Partners and Blackstone Tactical Opportunities have completed the previously announced acquisition of International Market Centers, the largest showroom owner in High Point and owner of the World Market Center in Las Vegas.
Hooker Furniture (NASDAQ:HOFT) said it has signed a definitive agreement to acquire Valdese, N.C.-based Shenandoah Furniture, an upscale domestic upholstery manufacturer.