Mattress industry sales totaled $3.81 billion in the second quarter, a 3.5 percent increase over the same quarter in 2017, according to preliminary estimates from Impact Consulting Services’ proprietary industry model.
Diversified Manufacturer Leggett & Platt (NYSE: LEG) has elected Srikanth Padmanabhan to its Board of Directors effective Aug. 3.
XPO Logistics (NYSE: XPO) has announced that John Hardig will step down as CFO on Aug. 15. Hardig will remain available to the company in an advisory capacity through Sept.15. Sarah Glickman, SVP of corporate finance, will assume the role of acting CFO.
Ashley Furniture Inc. sponsored 50 middle and high school students from Wisconsin this year to attend the National Flight Academy Program, covering program tuition and travel expenses.
E-commerce powerhouse Wayfair (NYSE: W) said second-quarter revenues shot up 48.8% to $1.6 billion, while gross profit was $385 million or 23.3% of total net revenue.
The National Retail Federation has responded to the administration’s recent announcement that it will consider imposing a tariff of 25 percent rather than 10 percent on $200 billion in goods from China.
HBF has announced the relaunch of its Costa line of conference and training tables, designed by Mario Ruiz.