Daily News
From Home Furnishing Business
February 9,
2017 by Larry Thomas in Bedding, Financial Reports, Industry, Product
Bedding manufacturer and retailer Select Comfort (NASDAQ: SCSS) reported a fourth-quarter profit of $11.3 million or 25 cents per share, reversing a net loss from a disastrous fourth quarter in the prior year, when a new enterprise resource planning system led to lost sales and canceled orders.
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.
January 23,
2017 by Larry Thomas in Bedding, Business Strategy, Industry, Product
Bedding major Simmons said it is continuing its relationship with New England Patriots quarterback Tom Brady in 2017, and will continue the advertising campaign for its flagship Beautyrest brand that includes the star player.
January 12,
2017 by Larry Thomas in Bedding, Business Strategy, Industry, Product
West Coast bedding manufacturer Pleasant Mattress has promoted Kevin Cooley to field sales manager, responsible for managing the company’s sales team.
January 11,
2017 by Larry Thomas in Bedding, Industry, Las Vegas, Market, Product, Special Events
Latex foam producer Talalay Global is introducing a dog bed appropriately named Barkalay at this month’s Las Vegas Market, and the company has enlisted several specially trained dogs to assist with the product launch.
January 4,
2017 by Larry Thomas in Bedding, Industry, Product, Special Events
Select Comfort (NASDAQ: SCSS), maker of the Sleep Number airbed, is introducing a smart bed at this week's Consumer Electronics Show that the company calls "one of the most significant innovations in the company’s 30-year history."
January 3,
2017 by Larry Thomas in Bedding, Industry, Las Vegas, Market, Product, Special Events
Bedding major Simmons is replacing its successful Beautyrest Recharge line with a lineup of 16 innerspring beds that aim to create an easy-to-understand step-up story for consumers.