Mattresses

Seven Store Openings Boost Mattress Firm’s Ohio Presence

Mattress Firm

HOUSTON-Mattress Firm will open seven new stores in the Cleveland area, pushing the number of its Ohio locations to more than 50. The stores will begin opening this month, and all seven locations are expected to be open by the middle of November. The new stores include one in Massillon, two in Canton, one inMore »

Tempur Sealy Posts Q2 Loss as Company Adjusts to Merger

Tempur+Sealy

LEXINGTON, Ky.-The costs of integrating Sealy into Tempur-Pedic were a major factor in Tempur Sealy’s second-quarter loss of $1.6 million, compared to second-quarter net income of $29.1 million from one year ago. Tempur-Pedic closed on its acquisition of Sealy in March, and the company changed to the Tempur Sealy moniker in May. These results doMore »

Carpenter Launches Postcards from Pillow Promotion

CarpenterPostcardsFromPillow

RICHMOND, Va.-Through its sleepbetter.org website, Carpenter has debuted Postcards from Pillows, a promotion intended to get shoppers engaged in the benefits of sleep. Postcards from Pillows is a two-part effort that includes encouraging participants, through sleepbetter.org, to become “pillow parents” by answering their questions about their sleep habits. The “parents” then adopt pillow toys (birthMore »

Select Comfort Net Dives 41.5 Percent in Q2

MINNEAPOLIS-Rising expenses and tepid sales combined to sink Select Comfort’s bottom line in its fiscal second quarter, ending on June 29. Net income dropped 41.5 percent to $9.9 million. The ramp-up in costs led to a gain of 8.9 percent in selling, marketing, general and administrative expenses in dollars, and an increase of 440 basisMore »

Las Vegas Market Announces a Full Slate of Events

WMC Plaza

LAS VEGAS-The Summer 2013 Las Vegas Market, taking place July 29-Aug. 2, will be packed with networking events and entertainment. Entertainment is scheduled for the Grand Plaza and receptions will be hosted throughout the market floors. New for Summer Market, attendees will be treated like VIPs in several leading Las Vegas nightclubs for official after-parties.More »

Boyd’s Larry Wride Passes

Larry Wride

ST. LOUIS-Larry Wride, southeast regional sales manager for Boyd Specialty Sleep, passed away on June 19 at the age of 66. Wride joined Boyd as regional sales manager in 2004. Prior to that, he served in executive sales and marketing positions with mattress manufacturers Simmons and Comfortaire. He is survived by his wife, Kathleen; threeMore »

Oakhill Chosen to Head Brand Management for Mattress Firm

Oakhill Chosen to Head Brand Management for Mattress Firm

HOUSTON-Mattress industry veteran Tim Oakhill has been named executive vice president of brand management for Mattress Firm. In his new role, a new position for Mattress Firm, Oakhill oversees brand and communications strategy, development and implementation. He reports directly to Steve Stagner, the company’s CEO. Oakhill’s career encompasses 30 years and includes executive roles inMore »

Mattress Firm Net Skies by 23.3 Percent in Q1

Mattress Firm

HOUSTON-Bolstered by sales gains from stores acquired last year, Mattress Firm enjoyed a 23.3 percent increase in net income in its fiscal first quarter, to $12 million. Sales from Mattress Giant stores that were purchased in May of last year helped fuel Mattress Firm’s total net sales by 31.5 percent to $276 million in theMore »