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Leggett & Platt hints at ‘divestiture’ in Q2 earnings call
In this morning’s second quarter earnings call, Leggett & Platt referenced a “strategic review” of its expansive portfolio to determine what works best for the company as it continues to undergo its restructuring plan.
Sluggish demand for mattresses, furniture push Leggett to Q2 loss
Leggett & Platt swung to a net loss of $602.1 million in the second quarter on net sales of $1.1 billion.
Mattress Firm sees Q3 income soar while sales hold steady
Third quarter sales for the bedding industry’s largest retailer Mattress Firm held relatively steady, while it reported a significant jump in net income.
Better health, wellness at center of Ergomotion strategy for adjustable bed bases
Ergomotion is pushing back against what it calls the “commoditization” of the adjustable bed segment by focusing on designs that elevate the category as a health benefit for consumers.
Spring Air counts on 2 proven mattress collections to drive retail business
Looking to help retailers pull consumers through the door, Spring Air International is promoting its two most popular collections at this summer’s Las Vegas Market.
BIA creates promotional Fab 5 mattress lineup to help drive retail traffic
Targeting the opening mattress price points in a bid to help retailers jumpstart business, Bedding Industries of America will showcase its YourComfort merchandising plan with a new Total Comfort lineup at the Summer Las Vegas Market.
Kingsdown looks to deliver cool relief with 6 new beds in the K2 mattress lineup
Building on the success of its K2 by Kingsdown mattress lineup introduced last summer, Kingsdown is expanding the sub-brand with a complete latex offering.
Court date set in FTC battle to block $4 billion Tempur Sealy, Mattress Firm deal
An answer regarding whether or not Tempur Sealy International can acquire Mattress Firm will have to wait until December.