August 7,
2025 by Karen Parrish in Business Strategy, Industry
Somnigroup International Inc. announced the expansion of its relationship with Fullpower-AI® ("Fullpower"), a leading provider of biosensing AI solutions. Since 2019, Fullpower's Sleeptracker-AI ("Sleeptracker") technology has powered the TEMPUR-Ergo® Smart Base collection for over 250 million nights of sleep. As part of the expanded partnership, Tempur Sealy, a wholly owned business of Somnigroup, is making a $25 million equity investment in Fullpower to acquire an approximate 15.6% ownership stake.
August 7,
2025 by Karen Parrish in Business Strategy, Industry
RXO (NYSE: RXO) reported its second-quarter financial results.
August 7,
2025 by Karen Parrish in Business Strategy, Industry
Dorel Industries Inc. announced that on August 7, 2025, it again amended its asset backed loan (ABL) facility and term loan facility whereby Dorel’s lenders agreed to continue to forebear from enforcing their rights and exercising their remedies under both the ABL facility and term loan facility further to a default by Dorel relating to certain financial covenants.
August 6,
2025 by Karen Parrish in Business Strategy, Industry
ANDMORE®, the largest owner and operator of tradeshows in the U.S., announced the appointment of Robert Klein as Chief Financial Officer. Klein joins ANDMORE from Postal Realty Trust, Inc. (NYSE: PSTL), where he served as Chief Financial Officer since 2021.
August 6,
2025 by Karen Parrish in Business Strategy, Industry
Mattress Firm, the nation's largest mattress specialty retailer, announced a significant new partnership with the National Women's Shelter Network (NWSN) to help support women, children and families experiencing or at risk of homelessness. Mattress Firm is committed to ensuring everyone has access to quality sleep, recognizing its vital role in overall health and well-being.
August 6,
2025 by Karen Parrish in Business Strategy, Industry
Smith Leonard has reported their Furniture insights for July 2025 including consumer confidence, housing data, and shipping insights.
August 6,
2025 by Karen Parrish in Business Strategy, Industry
Arhaus, a leader in artisan-crafted, globally inspired home furnishings, announces the launch of its inaugural Arhaus Bath collection—an expansion into the bathroom space that reflects the brand’s longstanding dedication to quality, craftsmanship and timeless design. Available beginning today, the 190-piece collection includes vanities, étagères, faucets, lighting, mounted hardware, Turkish cotton textiles and decorative accessories—marking one of Arhaus’ most comprehensive category expansions to date.