Mattresses

Tempur Sealy Q1 Net Up 119.2 Percent

Tempur+Sealy

LEXINGTON, Ky.-With the integration of Sealy into the former Tempur-Pedic still ongoing, Tempur Sealy posted a 119.2 percent gain in net income in its fiscal first quarter, totaling $27.4 million. The company closed the Sealy acquisition in March of last year, and the comparisons between the two quarters include Sealy’s numbers from March 18 throughMore »

Last updated: May 2, 2014

Las Vegas Market Continues Expansion and Refinements

Las Vegas Market

LAS VEGAS–Las Vegas Market said it will continue its exponential rate of change, growth and redefinition during the upcoming Las Vegas Summer Market, Sunday, July 27, to Thursday, July 31. Key highlights for the summer Las Vegas Market include sustained growth in permanent and temporary furniture, gift and home decor resources, as well as categoryMore »

Last updated: April 29, 2014

Mattress Firm Deals for Mattress King and BedMart

Mattress Firm

HOUSTON-Mattress Firm has reached an agreement to acquire the assets and operations of Mattress Liquidators, which operates Mattress King stores in Colorado and BedMart stores in Arizona. When closed, the acquisition will add about 75 specialty mattress stores to Mattress Firm’s company-operated store base in the Denver, Phoenix and Tucson, Ariz., markets, where the companyMore »

Last updated: April 28, 2014

Jent Joins Design Weave as Sales EVP

Design Weave logoWEB

JAMESBURG, N.J.-Basic-bedding and mattress manufacturer Design Weave has hired Eric Jent as executive vice president of sales, a new position for the company. Jent is directly responsible for all sales strategy and development for Design Weave’s products, in both the U.S. and Canada markets. He reports directly to Henry Wang, Design Weave’s president and founder.More »

Last updated: April 24, 2014

Select Comfort Q1 Net Falls 27.6 Percent

Select Comfort

MINNEAPOLIS-Although sales posted a strong gain, Select Comfort’s first-quarter net income dropped 27.6 percent to $17 million. Significant increases in costs hurt the mattress manufacturer/retailer’s bottom in the quarter, which ended on March 29. Total operating expenses increased 13.6 percent in dollars and 310 basis points as a percentage of sales. During a conference callMore »

Last updated: April 18, 2014

Sleep Train Deals for America’s Mattress

Sleep Train Expands with Purchase of Sleep City Locations

SACRAMENTO, Calif.-Mattress retailer Sleep Train has entered an agreement to acquire America’s Mattress, a Hawaii based mattress specialty retailer. The acquisition will bring nine America’s Mattress stores into the Sleep Train fold. It is expected to close on April 23. Financial terms will not be disclosed. Sleep Train is the parent company of Sleep TrainMore »

Last updated: April 11, 2014

Mattress Firm Closes on Sleep Experts Purchase

Mattress Firm

HOUSTON-Mattress Firm has completed its acquisition of the outstanding partnership interests in Sleep Experts Partners. With this purchase, according to a Mattress Firm statement, the company expects to operate an additional 55 stores in the Dallas and Austin, Texas, markets, already two of the company’s core markets. The acquisition is also expected to advance MattressMore »

Last updated: April 4, 2014