August 23,
2021 by Laurie Northington in Business Strategy, Industry
Through its partnership with American Red Cross, furniture retailer W.S. Badcock Corporation (Badcock) has pledged to match all donations up to $58,500 to help raise money for disaster relief as peak hurricane season arrives.
August 22,
2021 by Laurie Northington in Business Strategy, Industry
Norwalk Furniture, an industry leader in custom upholstered furniture, has entered into an agreement to give ownership to its employees through an Employee Stock Ownership Program (ESOP).
August 22,
2021 by Laurie Northington in Business Strategy, Industry
Following its acquisition of Symbol Mattress earlier this year, leading mattress manufacturer, Corsicana, is spotlighting the Sleep Fresh and Tommie Copper lines in its Las Vegas Market showroom.
August 22,
2021 by Laurie Northington in Business Strategy, Industry
Mattress manufacturer Southerland will introduce its redeveloped American Sleep line at the upcoming Summer Las Vegas Market. The revamped line includes hybrids and two-sided mattresses, and will serve as a companion collection to its popular Signature collection – with the same price points and added features such as perimeter-edge support, allowing retailers to differentiate the line on retail floors.
August 19,
2021 by Laurie Northington in Business Strategy, Industry
Tempur Sealy International, Inc. (NYSE: TPX) has announced that it has signed a multi-year extension to its current supply agreement with Mattress Firm, Inc., the largest specialty mattress retailer in the U.S. The new extension is on the same terms as the current agreement.
August 19,
2021 by Laurie Northington in Business Strategy, Industry
Package.ai and Storis have announced that they now offer integration capabilities to their mutual home furnishings and appliance retail partners. The integration enables Storis post-purchase data to be utilized in Package.ai’s platform, which uniquely combines automated customer messaging, delivery and reputation management, and contextual up-sell tools.
August 19,
2021 by Laurie Northington in Business Strategy, Industry
To better serve its customer base in the high-growth mattress industry, Precision Textiles has signed a lease for a new 160,000-square-foot, 25-acre campus at 163 Glen Road in Troy, North Carolina. The new plant is expected to be operational by Sept. 1 and will employ 100, all from the local area.