February 9,
2017 by Larry Thomas in Bedding, Business Strategy, Industry, Product
Bedding producer Tempur Sealy International (NYSE: TPX), whose stock price has been hammered since it announced last week it no longer would sell products to Mattress Firm, said its board of directors has approved a stockholder rights plan to protect the company against hostile takeover bids.
February 9,
2017 by Larry Thomas in Industry, Legal
La-Z-Boy (NYSE:LZB) has recalled about 2,500 lift chairs due to a faulty power supply that could pose a shock hazard.
February 9,
2017 by Larry Thomas in Executive Changes, Industry
Bedding producer Dormeo N.A. has appointed mattress industry veteran Scott Denton as its new president.
February 9,
2017 by Larry Thomas in Industry, Store Openings
Retail powerhouse Ikea has opened its newest and largest store in North America -- a 456,000-square-foot behemoth in Burbank, Calif.
February 9,
2017 by Larry Thomas in Industry, Legal
Former Sleepy’s executive Adam Blank claims he lost more than $1.5 million in a Ponzi scheme involving tickets for the hit Broadway show “Hamilton” and other popular events, according to a story in USA Today.
February 8,
2017 by Larry Thomas in Business Strategy, Industry
Heritage Sleep Concepts, the Southeastern licensee for mattress brands Eclipse International and Eastman House, has added industry veteran and its Executive Vice President of Sales Bob Ashburn to its board of directors.
February 8,
2017 by Larry Thomas in Industry, Store Openings
Retailer Walker Furniture is planning to open a 100,000 square-foot store in southwest Las Vegas next year that is part of a sprawling development that will include other retail space, restaurants and a hotel, according to a story in the Las Vegas Review-Journal.