Flexsteel outlines short, long-term growth initiatives
Major business growth targets include new product segments, expanded distribution and new consumer groups DUBUQUE, Iowa — Flexsteel’s latest conference call for its second fiscal …
Category: E-commerce
Is there a paradigm shift happening in the bedding industry?
DTC brands look to make inroads in brick-and-mortar stores, seeing opportunity for revenue growth, brand exposure Purple. Casper. Ghostbed. Helix. What do all of these …
Citi Retail Services, Overstock launch co-branded Overstock Mastercard
SALT LAKE CITY — Online furnishings retailer Overstock and Citi Retail Services have launched a co-branded Overstock Mastercard. The companies said that the card has …
Purple releases preliminary year-end financials
LEHI, Utah — Bedding resource Purple Innovation anticipates net sales of about $574 million and a net loss between $83.7 million and $97.5 million for …
DTC resource Coley Home to open its first retail showroom in Charlotte
CHARLOTTE, N.C. — Direct-to-consumer resource Coley Home plans to open its first retail showroom here in February that will be open to designers and the …
Kingsdown reviews seek to capture consumer sentiment about brand
Sleep Love Share campaign gathers customer feedback to help promote the line on the retail sales floor MEBANE, N.C. — For many companies in and …
Wayfair’s Niraj Shah shares insights on company restructuring effort
Moves to reduce headcounts will result in $750 million in annual cost savings BOSTON — In a statement to company associates, Niraj Shah, Wayfair’s CEO, …
Wayfair to lay off another 1,750 workers
BOSTON — Online home furnishings retailer Wayfair said Friday that it plans to lay off another 1,750 workers, which represents 10% of its global workforce. …
Challenges abound, but that also means opportunity
China’s struggles with Covid, along with lingering problems in the US, create stumbling blocks that call for new ways of doing business Last week, on …
Corsicana realigns sales leadership team
IRVING, Texas — Corsicana Mattress Co. has realigned its sales leadership team as part of a strategy to “better support its growth objectives.” As part of …
