Daily News Archive
Brought to you by Home Furnishings Business
March 10,
2013 by in UnCategorized 
By Home Furnishings Business in Bedding on March 11, 2013
Boyd Specialty Sleep President Denny Boyd won Best Supporting Actor performance in a St. Louis "Oscar" competition for What?! Its Zero Dark Thirty Already?!?, a spoof of the Oscar-nominated film of nearly the same name.
The film parody, produced by St. Louis FOX2 affiliate KTVI, stars the desperate, sleep-deprived FOX2 morning news team which rises daily at zero dark thirtythe dead of nightto deliver the stations earliest newscast.
Hunting for The Sandman (played by Boyd) for years, the news crew acts on a tip and covertly enters a mattress warehouse. Clad in pajamas and ready for sleep, the team stealthily makes its way to a small back office. As the crew apprehensively opens the door, Boyd turns calmly in his chair, delivering his Oscar-winning line: I was wondering when you guys were going to come see me. Hope you slept well, St. Louis!
What?! Its Zero Dark Thirty Already?!? also won the Oscar for Best Picture, having competed with three other FOX2-produced spoofsLargo, Les Wiz and Djaco Unchainedall based on Academy Award-nominated films this year.
The Oscar winners were selected by the St. Louis stations TV and online viewers, who cast their votes in each category. Both awards were announced by FOX2s news anchor and feature reporter Tim Ezell during the 9 a.m. news broadcast on Feb. 25.
March 7,
2013 by in UnCategorized
By Home Furnishings Business in Acquisition on March 8, 2013
The Federal Trade Commission has granted clearance for bedding supplier Tempur-Pedic International (NYSE: TPX) to acquire competitor Sealy Corp. (NYSE: ZZ).
Based on the approval, the deal is expected to close March 18.
"I am pleased that the FTC has concluded its review and we can complete the acquisition of Sealy. The combination of Tempur-Pedic and Sealy unites two highly complementary companies with iconic brands to create the first full spectrum, global bedding company that addresses all market segments and consumer preferences," said Mark Sarvary, CEO Tempur-Pedic.
As previously disclosed, Tempur-Pedic will acquire all of the outstanding common stock of Sealy for $2.20 per share and all of Sealy's outstanding convertible and non-convertible debt, for a total transaction value of approximately $1.3 billion.
March 7,
2013 by in UnCategorized
By Home Furnishings Business in Furniture Retailing on March 8, 2013
Scott Shuptrine Interiors celebrated a grand opening in Royal Oak, Mich., with a ribbon cutting Thursday.
The state-of-the art 12,300-square-foot freestanding $3 million design gallery will feature 60 unique room vignettes, a stunning grand stair case, sculptural ceiling and dozens of elegant, luxury fixtures and amenities.
The new store is next to an Art Van Furniture location. Art Van owns the Scott Shuptrine retail brand.
The opening ceremony included Art Van Chairman Art Van Elslander; NancyJones, director of Scott Shuptrine Interiors; Birmingham, Mich., Mayor George Dilgard; Royal Oak Mayor Jim Ellison; and Birmingham/Bloomfield Chamber of Commerce President Joe Bauman.
March 7,
2013 by in UnCategorized
By Home Furnishings Business in Case Goods on March 8, 2013
Contemporary furniture vendor Furniture Resources has launched an East Coast warehouse operation.
Spearheaded by Michael Simon, Furniture Resources' new facility is located in Wilmington, N.C., and stocks the most important collections.
The popularity of the unique and sought-after designs has prompted Furniture Resources to further expand the ability cover its nationwide market. Furniture Resources will show its new designs at High Point Market in 220 Elm, Showroom 326.
March 7,
2013 by in UnCategorized
By Home Furnishings Business in Bedding on March 8, 2013
Atlanta-based luxury mattress brand Pure LatexBliss has named Lim Bok Po sales director for Asian operations.
In this newly created position, Lim is responsible for overseeing new business development in China, Hong Kong and Thailand.
Lim brings more than 30 years of sales experience to Pure LatexBliss, helping develop businesses across multiple industries in China, Hong Kong and Malaysia. Most recently, Lim managed international latex brand Dunlopillo's Chinese operations and was part of growing its Dunlopillo concept store network throughout the continent. Previously, Lim spent 12 years in leading sales positions at rubber manufacturer, Cabot Malaysia Sdn. Bhd. In that role, he significantly increased the company's dealer network sales.
"By creating this position we are underscoring the strategic opportunity of exporting to Asia for Pure LatexBliss," said Pure LatexBliss President Kurt Ling. "In selecting Lim for this position, we wanted to find a seasoned sales executive first and foremost. Lim has a proven track record of cultivating sales and building brands in the Asian market and excellent relationships with retailers and distributors across the region. He will establish and grow Pure LatexBliss as a brand in a very important market for us. We are thrilled to have Lim on board and look forward to working with him to execute the brand and create revenue streams for Pure LatexBliss in Asia."
Lim received a chartered diploma from the Chartered Institute of Marketing in the United Kingdom. He currently resides in Malaysia with his wife and children.