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 12,
2017 by Larry Thomas in High Point, Market
Lifestyle brand Christopher Guy will officially open its new High Point showroom building at a ribbon-cutting ceremony April 21, the day before the official opening of the Spring Market.
April 12,
2017 by Larry Thomas in Bedroom, Industry, Merchandising, Product
Vanguard Furniture has voluntarily recalled a chest of drawers from its Compendium Collection due to a potential tip-over or entrapment hazard for children if they are not anchored to a wall.
April 12,
2017 by Larry Thomas in Industry, Special Events
Sam Malouf, founder and CEO of bedding accessory provider Malouf, has been named a finalist for the 2017 EY Entrepreneur of the Year award in the Utah region.
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.