April 7,
2020 by Laurie Northington in Business Strategy, Industry
Tempur Sealy International, Inc. (NYSE: TPX) has announced that Scott Thompson, chairman and CEO, has pledged to contribute his remaining 2020 net base salary to the Tempur Sealy Foundation, which generally supports children and families in need. The company's board of directors is also forgoing board fees to contribute to the foundation.
April 7,
2020 by Laurie Northington in Business Strategy, Industry
Williams-Sonoma, Inc. (NYSE: WSM) has announced the activation of the company’s entire portfolio of brands to assist with the relief and recovery efforts of No Kid Hungry, a national campaign to end childhood hunger in America.
April 6,
2020 by Laurie Northington in Business Strategy, Industry
Adding to industry challenges, 2,300 Southern Motion reclining articles with the “wireless motion” features were recalled April 2 due to risk of fire from overheating lithium-ion batteries, according to the Consumer Product Safety Commission (CPSC).
April 6,
2020 by Laurie Northington in Business Strategy, Industry
Independent mattress and futon manufacturer Gold Bond has announced it is working overtime to fill a shortage of contract mattresses in the Northeast, receiving an initial order for 1,000 twin mattresses for a state agency looking to address the shortfall. The delivery will be completed within 48 hours.
April 6,
2020 by Laurie Northington in Business Strategy, Industry
Office furniture manufacturer The HON Company has announced its new West Hill Collection, a line of casual lounge seating for the workplace.
April 3,
2020 by Laurie Northington in Business Strategy, Industry
In an effort to address business disruption caused by the COVID-19 pandemic, International Market Centers (IMC) and its digital innovation division IMC_di announced that free subscriptions and transactions will be offered to customers through year-end on ShopZio, its B2B digital platform that facilitates product and resource discovery as well as e-commerce.
April 3,
2020 by Laurie Northington in Business Strategy, Industry
To assist in the fight against COVID-19, Dallas-based furniture manufacturer American Leather Holdings, LLC is shifting its manufacturing capabilities to produce protective face masks and gowns for individuals in need who are working on the front lines fighting the virus.