Mattresses

HFN Editorial Deadline for January Markets

HFN

NEW YORK–HFN is preparing its editorial coverage of the Atlanta International Gift & Home Furnishings Market, Jan. 7-14, the Atlanta International Area Rug Market, Jan. 8-11, the Dallas International Lighting Market, Jan. 15-19, and Las Vegas Market, Jan. 26-30. The Atlanta markets and Dallas show will be covered in the January issue, while Las VegasMore »

Last updated: November 14, 2013

Tempur Sealy Goes from Loss to Profit in Q3

Tempur+Sealy

LEXINGTON, Ky.-With the integration of Sealy still in progress, Tempur Sealy posted third-quarter net income of $40.2 million, against a net loss of $2 million in last year’s third quarter. The bottom-line results in both quarters reflected charges and costs related to Tempur-Pedic’s acquisition of Sealy, which was finalized in March. Net sales in theMore »

Last updated: November 7, 2013

Mattress Firm Pledges Support for Pancreatic Cancer Research

Mattress Firm

HOUSTON–Mattress Firm is involved in several initiatives aimed at raising awareness for pancreatic cancer and funding research to find a cure for the disease. During the month of November, the company will ramp up its efforts, partnering with other organizations and its vendors to maximize attention for the cause. “Mattress Firm remains dedicated to findingMore »

Last updated: November 4, 2013

Select Comfort Net Falls 22.7 Percent in Q3

Select Comfort

MINNEAPOLIS-Reduced margins and a spike in expenses combined to slash Select Comfort’s third-quarter net income by 22.7 percent, to $20.3 million. The manufacturer/retailer’s gross margin took a hit to the tune of 200 basis points, finishing the quarter at 63.1 percent. Selling, general and administrative expenses rose 16.3 percent in dollars and 370 basis pointsMore »

Last updated: October 17, 2013

Serta’s Sherman Leaves; Fazio Named to Oversee Both Serta and Simmons

Bob Sherman

HOFFMAN ESTATES, Ill.-Bob Sherman, who served as CEO of National Bedding Co., parent of the Serta mattress brand, for 25 years, has left the company to pursue other interests, effective yesterday. Gary Fazio, CEO of Simmons, has been named CEO of the combined Serta Simmons Holdings. Fazio will now oversee the business for both mattressMore »

Last updated: October 2, 2013

Carpenter Partners with Mayo Clinic on Sleep Education

Carpenter

RICHMOND, Va.-Carpenter Co. has formed a collaboration with the Mayo Clinic through which the basic-bedding manufacturer’s website, sleepbetter.org, will provide information on better sleep on a microsite, using information from the clinic. The microsite will debut in the middle of this month, according to a Carpenter statement. Sleepbetter.org will push the content on the micrositeMore »

Last updated: September 10, 2013

Mattress Firm Net Leaps 40 Percent in Q2

Mattress Firm

HOUSTON-Increased sales, especially from new and recently acquired stores, fueled Mattress Firm to a 40 percent gain in net income in its fiscal second quarter, to $14.1 million. Net sales in the quarter, which ended on July 30, rose 15.5 percent to $302.5 million. Steve Stagner, Mattress Firm’s president and CEO, said the revenue pickupMore »

Last updated: September 6, 2013

HFN High Point Editorial Deadline Extended to Sept. 20

HFN

NEW YORK–HFN has extended its deadline for its editorial coverage of High Point Market in October. Please send new product information and high-resolution images by Friday, Sept. 20, for possible inclusion. For furniture, email Duke Ratliff, dratliff@hfnmag.com; for lighting, area rugs and home decor, email Andrea Lillo, alillo@hfnmag.com; and for mattresses and home textiles, contactMore »

Last updated: September 9, 2013