November 15,
2016 by Larry Thomas in Financial Reports, Industry
Retailer Pier 1 Imports (PIR), which is being pressured by activist shareholders to improve results, said sales in the current quarter are better than expected to date, and noted that sales and earnings should be at the higher end of the projections issued in late September.
November 15,
2016 by Larry Thomas in Business Strategy, Industry
Pleasant Mattress, a West Coast mattress producer, has promoted Mingo Urrea and Vue Yang to management positions in its manufacturing operations.
November 14,
2016 by Larry Thomas in Economic News, Financial Reports, Industry
A new report by the U.S. Department of Housing and Urban Development shows that new single-family homes averaged 2,540 square feet in 2015, up from 2,060 feet in 2000.
November 14,
2016 by Larry Thomas in Executive Changes, Industry
Longtime bedding industry executive Tony Smith, president of sales at Serta Simmons Bedding, is leaving the company on Nov. 30.
November 14,
2016 by Larry Thomas in Business Strategy, Industry
In response to its rapid growth in the adjustable foundation category, Customatic Adjustable Bedz is beefing up its customer service efforts with a network of 40 brand-dedicated field service technicians in cooperation with Saw Enterprises.
November 14,
2016 by Larry Thomas in Business Strategy, Industry
Following a successful pilot program with ready-to-assemble furniture producer Sauder Woodworking, receipt management company Shoeboxed has officially launched a product registration platform called BrandLoop that eliminates the need for consumers to submit paper warranty registration cards.
November 14,
2016 by Larry Thomas in Bedding, Community / Charitable Support, Industry, Product
More than 3,000 active duty military personnel, veterans and their families have received Tempur-Pedic beds during the past year as part the brand’s ongoing commitment to “deliver life-changing sleep to our nation's heroes.”