Target Retails Casper Products, Invests in Mattress Startup

Minneapolis-based mass merchant Target invested $75 million in mattress startup Casper and began selling a selection of Casper products online and in stores in June. The move follows a failed attempt by Target to acquire the online bed brand, headquartered in New York, for $1 billion in May, according to various news reports. Casper launched […]

ISPA Forecast says Mattress Sales to Continue Gains in 2017, 2018

ISPA Forecast says Mattress Sales to Continue Gains in 2017, 2018

U.S. mattress sales are expected to grow a bit more robustly in 2017 and 2018 than they did in 2016—itself a rather solid year, according to the latest ISPA Mattress Industry Forecast (paywall). Released in June, the forecast for 2017 from the International Sleep Products Association calls for a 3.5% increase in the number of mattresses […]

ISPA: First-quarter Mattress Sales Decline

ISPA: First-quarter Mattress Sales Decline

U.S. mattress sales dipped in the first quarter of 2017, compared with the same three-month period in 2016, according to Bedding Market Quarterly, a sales trends report published by the International Sleep Products Association. Sales of mattresses and foundations decreased by 4.4%, while wholesale revenues fell by only 0.1%, compared with the same quarter last year. […]

4th-Quarter Mattress Sales Down, Revenues Up

4th-Quarter Mattress Sales Down, Revenues Up

U.S. mattress sales dipped in the fourth quarter of 2016, compared with the same three-month period in 2015, according to Bedding Market Quarterly, a sales trend report published by the International Sleep Products Association. Mattress sales and foundations decreased by 2.5%, yet wholesale revenues increased by 4.3%, compared with the same quarter last year. The […]

Tempur Sealy Beats Analysts’ Expectations in 4th Quarter

Mattress major Tempur Sealy International Inc. reported net income for full-year 2016 was $202.1 million, a 175% increase compared with 2015. Using generally accepted accounting principles, total net sales decreased slightly, by 0.8%, to $3.1 billion. On a constant currency basis, total net sales increased 0.7%, with growth in both the North American and international […]

New Retailer Blink Mattress Serves Phoenix Market and Beyond

New Retailer Blink Mattress Serves Phoenix Market and Beyond

New retailer Blink Mattress, based in Mesa, Arizona, has launched two brick-and-mortar stores—one in Mesa and one in Glendale, Arizona—and an e-commerce site. Whether online or in-store, local shoppers choose from a lineup of private-label mattress sets and receive free shipping or delivery within the Phoenix metro area. In addition, web shoppers nationwide can purchase […]

Tempur Sealy Announces Termination of Mattress Firm Contracts

News release written by Tempur Sealy and published, unedited, by BedTimes LEXINGTON, Ky., Jan. 30, 2017 /PRNewswire/ — Tempur Sealy International, Inc. (NYSE: TPX, the “Company”) announced that during the week of January 23, 2017, senior management of Mattress Firm Holdings Corp. (“Mattress Firm”) and representatives of its parent Steinhoff International Holdings N.V. (“Steinhoff”), verbally […]

Pure Talalay Bliss Bolsters Sales Team With Three New Territory Managers

Pure Talalay Bliss Bolsters Sales Team With Three New Territory Managers

MATTRESS INDUSTRY NEWS RELEASE News release written by Talalay Global and published, unedited, by BedTimes SHELTON, Conn., Dec. 8, 2016—Continuing to position itself for new business development and rapid growth, Pure Talalay Bliss™–the direct-to-retail division of Talalay Global™–has appointed three new territory managers, announced president and COO Kim Fisher. Paul Berman and Sami Hamadeh will […]

Understanding the 4 Cornerstones of a Great Business

Understanding the 4 Cornerstones of a Great Business

Create a strong foundation for success with a balanced focus and these cornerstones: BY RANDALL BELL Throughout the world, majestic structures stand as legacies to history’s greatest empires and civilizations. The castles of medieval Europe, the aqueducts of the Roman Empire, the temples of ancient Greece, the Great Wall of China, the pyramids of ancient […]

Retailer Web Services launching holiday deals on major mattress and appliance brands

NEWS RELEASE  Hosting Guests this Holiday Season? Deals on Home Appliances and Mattresses are Aplenty SCOTTSDALE, Ariz., Oct. 18, 2016—Independent retailers across the country are bracing for the “triple threat” frenzy of holiday shopping known as Black Friday, Small Business Saturday and Cyber Monday. To help retailers increase their ecommerce sales—and help consumers get ahead […]

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