December 2,
2016 by Larry Thomas in Financial Reports, Industry
Fabric supplier Culp Inc. (NYSE: CFI) said sales fell 2.1% in the quarter ended Oct. 30, but net income jumped nearly 19% to $4.5 million or 36 cents per share.
December 2,
2016 by Larry Thomas in Industry, Legal
An administrative law judge with the U.S. International Trade Commission has ruled that American National Manufacturing, a California-based producer of airbeds, is not infringing on two patents held by Select Comfort (NASDAQ: SCSS).
December 2,
2016 by Larry Thomas in Executive Changes, Industry
Latex foam producer Latexco has named Ben Ducatteeuw as the new CEO of Latexco USA.
December 2,
2016 by Larry Thomas in Business Strategy, Industry
AcceptanceNow, a Rent-A-Center (NASDAQ: RCII) unit that places rent-to-own kiosks within third-party retail outlets, has become a preferred vendor of Furniture Marketing Group, a buying group whose members represent more than 900 storefronts and have nearly $4 billion in annual sales.
December 2,
2016 by Larry Thomas in Business Strategy, Industry, Mattresses, Product
West Coast bedding producer Pleasant Mattress has devised an upscale solution to protect its Maxx mattress line through the entire delivery cycle -- a heavy-duty, non-woven branded bag that is reminiscent of bags used by high-end shoe or purse suppliers.
December 1,
2016 by Larry Thomas in Financial Reports, Industry
Hampered by weak consumer demand during the summer and early fall months, La-Z-Boy (NYSE: LZB) said sales fell 1.6% to $376.6 million in the quarter ended Oct. 29.
December 1,
2016 by Larry Thomas in Business Strategy, Industry, Mattresses, Product
Sleep Number, the airbed sleep system made by Select Comfort (NYSE: SCSS), ranked highest in customer satisfaction for the second consecutive year in the J.D. Power Mattress Satisfaction Report released this week by the well-known research firm.