Blyth Inc. said it will spin off its wholesale business into a separately traded company, a move the scented candle maker said would lift its stock price and allow it to focus on reviving its direct selling and catalog and internet divisions. The proposed spin-off will create the largest publicly traded wholesaler of decorative home products, with roughly 3,200 employees and estimated annual revenue of $700 million. In fiscal 2005, the wholesale segment contributed operating income of $30.7 mil...