Mattresses

Mattress Firm Deals for Additional Stores

Mattress Firm

HOUSTON-Mattress Firm has made three deals that will add about 93 stores to its store base. The company has entered into an agreement to acquire the outstanding equity interests of Sleep Experts Partners, which operates Sleep Experts stores in Texas. It has also completed the acquisition of Yotes, which operates stores under the Mattress FirmMore »

Pacific Coast Feather Opens Mattress-Pad Facility

Pacific Coast Feather

SEATTLE-Pacific Coast Feather is beginning to produce mattress pads at its new plant in Gastonia, N.C., and plans to have the facility at full-scale production by May 1. The new plant was built to replace a production facility in Wayne, Ind., which had been destroyed by a tornado in October. The company is installing equipmentMore »

WithIt Announces 2014 Board

WithIt President Violette Forman

HIGH POINT, N.C.–WithIt, the women’s leadership development network serving the home and furnishings industries, has named its 2014 board of directors. New to the board in 2014 are: Kimberley Wray, co-founder of WithIt; retailer Dorian Sims, Stacy Furniture; Anita Wimmer, Stanley Furniture; and Cindi Williams, North American Home Furnishings Association. Serving in 2014 are: BoardMore »

Mattress Firm Posts 20.8 Percent Increases in Q4

Mattress Firm

HOUSTON–Mattress Firm logged identical sales increases of 20.8 percent for both its fourth quarter and fiscal year ending on Jan. 28, according to a statement on its preliminary results for both periods. Net sales in the quarter totaled $312 million and included a same-store sales increase of 6.5 percent. For the fiscal year, net salesMore »

HFN High Point, Tabletop Show Editorial Deadline: March 5

HFN

NEW YORK–HFN has started collecting new product information and high-resolution images for its editorial show coverage of both the High Point and tabletop markets in April. To be included, please send a brief product description, your company website and a hi-res image to us no later than Wednesday, March 5. Images (preferably jpegs, but weMore »

Arkema Joins Restonic’s Marketing Team

Restonic Mattress

BUFFALO, N.Y.–Restonic Mattress Corporation announced that Catherine Arkema has joined its marketing team as designer of record for the company. Arkema will be responsible for creating inspiring designs to support the Restonic brand and all marketing and product initiatives. In addition to lending her skills to the development of the look, feel and visual experienceMore »

Tempur Sealy Net Down for Q4, Fiscal Year

Lifetime Brands

LEXINGTON, Ky.-With the company still meeting expenses for the acquisition of Sealy, which was completed last March, Tempur Sealy reported a 2.7 percent drop in fourth-quarter net income, to $22.9 million, and a decline of 30.7 percent in net income for the fiscal year, which totaled $74 million. The inclusion of Sealy into the companyMore »

Select Comfort Q4 Net Falls 48.6 Percent

Select Comfort

MINNEAPOLIS-A weak mattress industry environment led to a fourth-quarter downturn of 48.6 percent for Select Comfort’s net income, which totaled $6.4 million for the period. For the fiscal year ending on Dec. 28, net income was $60.1 million, down 23.1 percent from the prior fiscal year. Net sales in the quarter rose 4.7 percent toMore »