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From Home Furnishing Business
Malouf Ranks Seven on Utah’s Fast 50
September 4,
2018 by Laurie Northington in Business Strategy, Industry
Utah-based bedding accessories resource Malouf has been ranked No. 7 on the Fast 50, a list of Utah’s fastest-growing businesses.
The annual event, held Aug. 16 at the Grand America Hotel, celebrated the “entrepreneurial spirit, innovative business tactics, and skyrocketing revenue growth” of Utah companies in business for more than five years, according to www.utahbusiness.com.
This is the second year Malouf has been ranked on the Fast 50 list—the company saw a considerable jump from their 2017 ranking at No. 22. Mike Douglas, vp of sales, credits the new adjustable bed base program and a successful bedding accessory line for this year’s ranking.
“We launched an aggressive adjustable bed base program over a year ago with key partners and we’ve seen a lot of success. We are also seeing a huge increase in sheet placement throughout the country and a larger-than-anticipated demand for natural products,” said Douglas.
The company credits its customized sleep solutions and service including same-day shipping, drop-ship programs, private labeling, quality products, and stand-out packaging that help retailers answer the needs of their customer base.
“Things change fast, and our scope continues to broaden. We’ve seen incredible growth this last year thanks to the contributions of so many people,” said Sam Malouf, founder and CEO.