Mattresses

HGTV Home, Dreams LLC Partner on Sleep Collection

HGTV Home

ROCHESTER, Mich.-HGTV Home has formed an alliance with Dreams LLC to design, market and sell a line of mattresses and sleep products in the United States and Canada under the HGTV Home Sleep Collection brand. According to Scott Miller, president of Dreams LLC, the new collection will debut at the Las Vegas Market in February.More »

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 »

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 »

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 »

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 »

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 »

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 »