Eco-friendly home furnishings
Driven by its Progressive Finance unit, Aaron’s Inc. said first-quarter revenues rose 4% to $854.4 million. More
Still reeling from problems related to implementation of a new enterprise resource planning system, specialty bedding major Select Comfort said first-quarter profits tumbled 55%. More
Leggett & Platt, a major supplier of bedding and furniture components, said first-quarter sales slipped 2.9% to $938.4 million, but profits jumped nearly 25% due to higher unit volume and an accounting change for stock-based compensation. More
Bedding major Tempur Sealy International said first-quarter sales fell 2.5% to $721 million, but profits jumped nearly 70% due to decreased commodity costs, improved operations and price increases. More
News From The Web
April 20, 2016Want to sell more high-priced sleep sets? Take a page -- or two -- out of the bedding specialists' playbook. A close look at our latest retail bedding survey (see 16 April print issue) makes a compelling case for applying the specialists’ skills to your mattress business. Consider: * The bedding specialists are generating 58% of their mattress sales at prices of $1,000 and up, with almost one-quarter of those sales coming at $2,000 and up. Furniture stores, in contrast, are generating less than half of their sales at $1,000 and up. * The bedding specialists generally have higher best-selling price ...
April 16, 2016Over the last three weeks there has been extensive coverage of the industry's public response to North Carolina's HB2: threats of boycotts, actual boycotts, letters to the editor and myriad statements in opposition. To date, we have not received a single statement in support of the law, although I can tell you from private conversations there are many in the industry who do support the law, or at least its intent. We have been exceptionally careful in our coverage. All statements regarding HB2 have been run unedited, and all headlines have been intentionally simple and direct. Our position ...
April 16, 2016Three views on sleep wasting by age groups This is the percent of Millennials who feel that spending 20 out of 60 years sleeping is a waste of time. Looking at this by gender, the figure is even higher, with 34% of males saying they feel spending 20 of 60 years sleeping is a waste of time. Why it matters: Millennials are significantly more likely to see a major investment in sleep as a waste of time than consumers in other key demographic groups, and Millennials, as we all know, are the darlings of marketers everywhere. They represent the youngest ...
Business Annual 2016
- Hospitality & Design Expo
May 4, 2016 - May 6, 2016
Las Vegas, Nevada
- Maison & Objet Americas
May 10, 2016 - May 13, 2016
- International Contemporary Furniture Fair (ICFF)
May 14, 2016 - May 17, 2016
New York, NY