September 5,
2022 by HFBusiness Staff in Business Strategy, Industry
More than 100 retailers have joined Bedding Industries of America’s Harvest Green Mattress marketing program, an omnichannel effort centered around an all-natural, organic bed-in-a-box.
September 1,
2022 by HFBusiness Staff in Business Strategy, Industry
Upholstery and case goods major Flexsteel Inds. said its board of directors unanimously rejected a buyout offer from CSC Generations Holdings, characterizing the offer as an “opportunistic” one that “substantially undervalues” the company.
September 1,
2022 by HFBusiness Staff in Business Strategy, Industry
Mattress manufacturer Kingsdown Inc. has expanded its international presence through a new licensing agreement with Malaysian mattress producer Luxury Sleep Products Sdn. Bhd.
September 1,
2022 by HFBusiness Staff in Business Strategy, Industry
Fabric supplier Culp Inc. reported a net loss of $5.7 million or 47 cents per share in the quarter ended July 31 as sales tumbled 24.6 percent.
September 1,
2022 by HFBusiness Staff in Business Strategy, Industry
Purple Innovation, a specialty mattress producer best known for its gel grid technology, announced it has acquired Intellibed, a high-end mattress producer whose product line includes gel beds.
August 31,
2022 by HFBusiness Staff in Business Strategy, Industry
Specialty bedding chain Metro Mattress has opened the first-ever Chattam & Wells boutique mattress shop as part of its first store in Connecticut.
August 31,
2022 by HFBusiness Staff in Business Strategy, Industry
Culp Inc., a major supplier of mattress ticking and upholstery fabric, said former Tempur Sealy executive Tommy Bruno will be joining the company as executive vice president of Culp Home Fashions, effective Sept. 6.