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Furniture retailer to open chain of boutique hotels
West Elm is expanding into the hotel business. And most everything in the guest rooms will be for sale. The retailer, a division of Williams-Sonoma, is partnering with hospitality management and development company DDK to launch a chain of boutique hotels. -
Office Depot in deal for its European business
Office Depot Inc. has agreed to sell its European business to an investment group. The office-supplies retailer is selling its European operation to German investment firm Aurelius Group. Office Depot Europe operates more than 100 stores in Europe, under such banners as Viking.

