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From Home Furnishing Business

Axalta to Buy Valspar’s Wood Coatings Business

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. 

Boston Interiors Continues Expansion

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.

New Christopher Guy Building Headlines Showroom Expansions

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.

Vanguard Recalls Chest of Drawers Due to Tip-Over Hazard

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.

Sam Malouf Named Finalist for Utah Entrepreneur Award

Sam MaloufSam 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.

Rent-A-Center Taps Speese as CEO; Activist Funds Slam Turnaround Plan

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.

Kimbrell Resigns as Star Furniture CEO; Blumkin Named to Board

Houston-based Star Furniture said Bill Kimbrell has resigned as CEO after 12 years at the helm of the 11-store retailer.  

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