May 5,
2017 by Larry Thomas in Executive Changes, Industry 
Furniture, housewares and accessories retailer Crate & Barrel has named Neela Montgomery as its new CEO, effective Aug. 1.
May 5,
2017 by Larry Thomas in Bedding, Business Strategy, Industry, Product
Serta Simmons Bedding, which currently has more than 500 employees in four locations, said it will consolidate the offices into a single corporate headquarters site in Atlanta in 2019.
May 5,
2017 by Larry Thomas in Executive Changes, Industry
Looking to expand its international retail network, adjustable bed manufacturer Reverie has named Diane Abell international sales and marketing manager.
May 4,
2017 by Larry Thomas in Economic News, Industry
Mattress producer Tempur Sealy International (NYSE: TPX) said first-quarter sales edged up 0.2% to $722.1 million, but expenses related to the termination of its business with Mattress Firm caused net income to fall 14.4%.
May 4,
2017 by Larry Thomas in Business Strategy, Industry, Merchandising
Retailer Room & Board, which operates 17 stores in nine states and the District of Columbia, plans to build a 250,000 square-foot warehouse and distribution center near Newton, N.C., according to a story in the Charlotte Business Journal.
May 4,
2017 by Larry Thomas in Economic News, Industry
Logistics and transportation giant XPO Logistics (NYSE: XPO), a major player in furniture transportation and last-mile delivery, recorded a profit of $21.3 million or 16 cents per share in the first quarter, reversing a net loss in last year’s first quarter.
May 4,
2017 by Larry Thomas in Business Strategy, Industry
Simmons Beautyrest and Mattress Firm are joining forces at this weekend’s Kentucky Derby festivities to create the Black Diamond Lounge, which will provide fans with neck and shoulder massages, shoe shines and refreshments to help visitors beat the heat.