THE VIRGINIAN-PILOT Copyright (c) 1995, Landmark Communications, Inc. DATE: Thursday, October 26, 1995 TAG: 9510260504 SECTION: BUSINESS PAGE: D1 EDITION: FINAL TYPE: Daily Digest LENGTH: Short : 22 lines
Melville Corp. plans to sell Richmond-based This End Up Furniture Co. Melville, a retailing giant based in Rye, N.Y., said This End Up does not fit into its new business strategy. Robert A. Kemeny, president and chief executive of This End Up, said the sale is in both companies' best interests. ``We are very different companies, and our business strategies have never really been the same,'' he said. This End Up, which has three stores in South Hampton Roads, was sold to Melville by its four original owners in 1985. (Knight-Ridder News Service) by CNB