Mattresses

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 »

Sleep Studio Changes Name to Authentic Comfort

Sleep Studio Changes Name to Authentic Comfort

NEW YORK-Sleep Studio, the manufacturer of memory-foam sleep products, has changed its name to Authentic Comfort and has opened a store in New York City. According to a company statement, “the name change more accurately reflects the company’s growing line of ‘Made in the USA’ comfort products.” Michael Rothbard, president and CEO, said, “We believeMore »

Sealy Ramps Up with New Social-Media Campaign

Sealy Ramps Up with New Social-Media Campaign

TRINITY, N.C.-Sealy has debuted a new program which is intended to increase its focus on engaging new and existing fans for its Facebook page. The campaign involves posting original content on the page which is “relevant to bedding culture,” according to a Sealy statement. It also encompasses sharing special offers, sneak previews and new releasesMore »

Tempur-Pedic Changes Name to Tempur Sealy

Tempur-Pedic Changes Name to Tempur Sealy

LEXINGTON, Ky.-Two months after completing its acquisition of Sealy, Tempur-Pedic has adopted a new corporate name, Tempur Sealy International, to reflect the combination of the two mattress giants. The new name was approved by the company’s stockholders at their annual meeting on May 22. A Tempur Sealy statement said the change would not affect itsMore »

Furniture Brands Licenses with Boyd for Branded Mattresses

Furniture Brands

ST. LOUIS-Furniture Brands International has reached an agreement with mattress manufacturer Boyd Specialty Sleep for collections of mattresses and related sleep accessories under several brands in the Furniture Brands portfolio. The sleep products will be offered under the Broyhill, Lane, Drexel Heritage and Thomasville brands. They will range from mid- to ultrapremium price points andMore »

Sealy Acquisition Costs Slash Tempur-Pedic Net in Q1

Sealy Acquisition Costs Slash Tempur-Pedic Net in Q1

LEXINGTON, Ky.-Expenses related to the company’s merger with Sealy played a significant role in the 77.8 percent slide in net income for Tempur-Pedic in its first quarter. Net income in the quarter, which ended on March 31, was $12.5 million. The Sealy acquisition resulted in $16 million of transaction and integration costs, which had aMore »

Google’s Alegre Joins Select Comfort Board

Google’s Alegre Joins Select Comfort Board

MINNEAPOLIS-Daniel Alegre, president of global partner business solutions for Google, has been appointed to the Select Comfort board of directors. Alegre will officially join the mattress manufacturer/retailer’s board on May 14. Shelly Ibach, the company’s president and CEO, cited Alegre’s digital expertise, strength in strategic operations, and global experience and perspective as crucial in advancingMore »

Simmons Debuts New Ad Campaigns for Beautyrest, Comforpedic

Simmons Debuts New Ad Campaigns for Beautyrest, Comforpedic

ATLANTA-Simmons will launch new advertising campaigns for its Beautyrest and Comforpedic by Beautyrest brands next month. It will mark the first ad campaign for the latter brand, which is targeted to position Comforpedic as “the better memory foam” and the “expert brand” for those “in the know,” according to a Simmons statement. Scheduled to airMore »