Chicago-based accessories and mattress supplier Protect-A-Bed outlined a new strategic plan called Vision 2018.
At an annual meeting earlier this year in Wheeling, Illinois, James Bell, Protect-A-Bed chief executive officer, shared the plan, which serves as a roadmap for the company through 2018, according to a news release.
Bell said the company will continue in private hands and focus on its growth strategy. It aims to have $100 million in North American sales and $60 million in international sales within the next three years.
A key component of “Vision 2018” is that Protect-A-Bed employees will benefit from the company’s growing focus on work-life balance. The company has expanded its paid leave and is developing “employee growth and engagement programs,” the company said.
According to Bell, the company had a successful 2015, with $1 million in profits and 15% year-over-year sales growth: “We are extremely grateful to our entire team for working tirelessly in 2015. … They continue to demonstrate passion, innovation and expertise—the core attributes of our company. The results we saw last year are a testament to the dedication, attention to detail and emphasis on partnership that they show our customers every single day.”