Podcasts about Mattress Firm

In this episode, Nick welcomes Dan Fienberg, TV critic from The Hollywood Reporter, to discuss Awards Show Season, the upcoming SNL 50 Special, and more. Dan also reviews The Americas, a new documentary narrated by Tom Hanks, the Netflix political thriller Zero Day starring Robert De Niro, and the highly anticipated new season of The White Lotus. Later, Esmeralda Leon joins Nick to read an email from a listener who loves Keri Russell in The Americans. They also chat about the quirky Mattress Firm commercials featuring sleep-deprived jerks, reminisce about the classic show BJ and The Bear, and dive into one of TV's greatest mysteries—what exactly happened to Chuck, the older brother from Happy Days, who mysteriously vanished after Season One? [Ep 327]

Top StoriesTempur Sealy Finalizes Mattress Firm Acquisition & Rebrands as SomnigroupTempur Sealy completed its $5 billion acquisition of Mattress Firm on February 5, 2025.The company will rebrand as Somnigroup International on February 18, 2025.With over 2,300 retail locations, this merger strengthens their market dominance.Despite FTC scrutiny, the deal was court-approved, reshaping the bedding industry.Bedding Market Sees Ongoing ConsolidationIndustry experts call it “M&A hyper-overdrive” as brands merge to stay competitive.Retailers and manufacturers adjust strategies to compete with larger entities.Las Vegas Market Upholstery Trends for 2025Curved Furniture – Soft, rounded silhouettes make a stylish return.Jewel Tones – Deep blues, greens, and mustards dominate color palettes.Textured Fabrics – Bouclé and chenille remain top choices.Modular Sectionals – Flexibility continues to drive consumer demand.Sustainability – Eco-friendly materials gain traction in design and production.Manufacturing & Retail UpdatesKuka Home Expands Motion Upholstery ProductionNew factory opening in March to meet rising demand for reclining furniture.Expansion aims to enhance efficiency and order fulfillment.Legends Furniture Strengthens Import ProgramExpanding case goods sourcing to balance domestic and global production.Fireplace category remains strong, but diversification is key.IKEA & TaskRabbit Simplify Furniture AssemblyNew initiative integrates assembly services at checkout (in-store & online).A move to enhance customer convenience and efficiency.

In this episode, we cover the latest trends and shifts in the furniture industry, including:The strong start to 2025 for furniture sales and what's driving consumer demand.Former President Trump's executive order on reciprocal tariffs and its potential impact on furniture imports.Tempur Sealy and Mattress Firm's fight with the FTC over their merger.Z Gallerie's return to physical retail and their new strategy to stay competitive.Big Lots' plan to sell its corporate headquarters to cut costs.Leggett & Platt's return to profit in Q4, despite a tough year overall.Richloom Weaving's closure following financial struggles tied to retail bankruptcies.

Show Notes: Furniture Industry News – February 2025Episode Overview:The furniture industry is undergoing major shifts as 2025 progresses. In this episode, we cover the latest developments, including growing optimism in the mattress sector, Big Lots' store closures, evolving consumer spending habits, the upcoming 2025 Asia Winter Show Circuit, and Tempur Sealy's game-changing $4 billion acquisition of Mattress Firm.Key Topics:Mattress Industry Sees Renewed OptimismFoot traffic in mattress and furniture stores is increasing, and conversion rates are improving.Consumers are prioritizing quality sleep products, with premium and specialty mattresses gaining traction.Industry Impact: Higher-ticket items are helping to balance out recent sales declines, signaling potential momentum for 2025.Big Lots to Close 150+ Stores – What It Means for the IndustryThe discount retailer's restructuring plan could impact the furniture market in multiple ways:More customers for competitors in the budget furniture segment.Inventory liquidations could temporarily affect pricing in the discount market.Vacant retail spaces may create opportunities for new furniture showrooms or alternative retail concepts.Opportunity: Retailers looking to expand could find prime real estate at lower lease rates.The ‘Hourglass Effect' in Home Sector SpendingGrowth in furniture sales is being driven by two distinct buyer groups:Budget-conscious shoppers prioritizing affordability and function.High-end consumers continuing to invest in premium, design-forward pieces.Challenge for Mid-Tier Brands: Those caught between these two segments may need to rethink differentiation strategies.Winning Strategy: Retailers that can cater to both ends of the market may see the greatest success.2025 Asia Winter Show Circuit – Key Global Sourcing EventMajor trade shows in Malaysia and Vietnam will play a critical role in shaping global sourcing strategies.With ongoing supply chain shifts and tariff concerns, these events are crucial for retailers and manufacturers seeking new suppliers and competitive pricing.Why It Matters: Diversifying sourcing strategies will be essential to staying ahead in a changing trade environment.Tempur Sealy's $4 Billion Acquisition of Mattress FirmThe deal gives Tempur Sealy a dominant position in mattress retail, allowing it to control a major distribution channel.Potential Implications:Smaller mattress brands may struggle to secure shelf space at Mattress Firm.Direct-to-consumer and alternative retail strategies could become more important for independent brands.Changes in pricing, marketing, and product availability are expected in the coming months.Actionable Insights:Retailers should monitor consumer trends and adjust their product mix to align with both budget and premium demand.Companies looking to expand should explore real estate opportunities arising from Big Lots' closures.Brands involved in global sourcing should consider attending the 2025 Asia Winter Show Circuit to stay competitive.Independent mattress brands may need to refine their retail and marketing strategies in response to the Tempur Sealy-Mattress Firm deal.Quote of the Week:"The furniture industry is shifting rapidly, and those who adapt—whether through sourcing, retail strategy, or product positioning—will gain the edge in 2025."Stay Connected:Have thoughts on these industry changes? Share in the comments! Don't forget to subscribe to Furniture Industry News for weekly insights and updates.

On this episode, Ryan Dull is joined by Candi Thomas, Director of Talent Acquisition: Field, Corporate and Supply Chain at Mattress Firm. With 22 years of experience, Candi shares her journey from retail management to leading TA teams, unifying processes and building a strong talent acquisition brand.Candi discusses key metrics like time to fill and offer turnaround, as well as initiatives like AI-enabled assessments and active sourcing. She emphasizes the value of honesty in recruiting and fostering autonomy and creativity within teams to drive success.Key Takeaways:(02:31) Candi's career is rooted in achieving operational excellence and customer focus.(04:45) Mattress Firm sought a TA evolution to streamline processes.(06:39) Field site hiring is the top priority for the TA team.(09:37) Metrics help improve turnover rates and retention strategies.(11:54) Career growth is a key focus from employee engagement surveys.(13:12) Recruiting focuses on industries with commission-driven professionals.(15:51) Providing realistic job previews builds trust with candidates.Resources mentioned:Candi Thomas -https://www.linkedin.com/in/candi-thomas-sphr-58a01b9/Mattress Firm | LinkedIn -https://www.linkedin.com/company/mattressfirm/Mattress Firm | Website -https://www.mattressfirm.com/This episode is brought to you by Sagemark HR.Sagemark HR can help you:✔ Improve your talent practices and make better, more informed people decisions.After 20+ years of experience leading Recruiting and Talent Acquisition across a wide variety of industries, I've seen enough hires (over 100,000 to date) to know that hiring decisions truly can make or break an organization.✔ Identify opportunities to not only improve your talent practices, but also delivering tangible business results.We understand every organization is different, and there's no one-size-fits-all magic solution. So we listen first and identify the gaps and sticking points in your current process before ever recommending a solution.✔ Bridge the gap from “traditional” to modern recruiting, without the painful learning curve.We believe recruiting, talent, and HR technology is a deep well of untapped business potential, and our mission is to help you identify and implement those hiring tools in a way that works for you.If you're interested in learning more, you can reach me at:www.sagemarkhr.com✉ ryan.dull@sagemarkhr.com#Talent #Recruiters #Recruiting #HRTech

Key Topics Discussed:Supply Chain Relief: Port Strike AvertedDockworkers and port operators reach an agreement, avoiding a strike that threatened imports and exports.Impact: Eases supply chain challenges for manufacturers and retailers dependent on timely shipments.Tempur-Sealy vs. FTC: Acquisition DisputeTempur-Sealy's proposed acquisition of Mattress Firm faces FTC scrutiny over competition concerns.Tempur-Sealy's rebuttal highlights potential consumer benefits, keeping this high-stakes drama unfolding.EPA and Formaldehyde RisksThe EPA's new stance on formaldehyde as an “unreasonable health risk” could tighten regulations on pressed wood products.Manufacturers may need to explore alternative materials and prioritize sustainability in production.Retail Sector Updates:Big Lots Acquisition by Gordon Brothers:Signals potential shifts in Big Lots' furniture strategy—retailers should monitor for changes.Arhaus' Growth Momentum:Q4 and full-year guidance up, driven by sales and inventory management—a model for retailers to emulate.JCPenney's Merger:New retail brand emerges, offering hope for revitalizing the struggling chain.IKEA's Sleep Research InitiativeAiming to innovate products by studying American sleep habits, IKEA addresses health-conscious consumer needs.Macy's Store ClosuresPlans to close 66 locations, pivoting to digital growth and high-performing stores.Key takeaway: Balancing physical and online presence is crucial for staying competitive in today's market.Notable Quote:“From supply chain updates to retail shakeups, today's episode highlights the adaptability and innovation needed to thrive in the furniture industry.”Final Thoughts:This episode underscores the importance of staying informed and proactive in a dynamic industry. From environmental compliance to consumer-focused innovation, there's a lot to learn from this week's updates.Subscribe to stay ahead with weekly insights tailored to furniture professionals!

In this episode of Investor Connect, we dive into two distinct yet promising sectors: medical diagnostics and sleep technology. Michael Cormack from Corwin Medical elaborates on the company's efforts to tackle peripheral artery disease (PAD) through innovative diagnostic systems that leverage multi-element ultrasound arrays and AI-based algorithms. He elaborates on the severe impact of PAD, its high mortality rate, and the cumbersome nature of current diagnostic tools like the Doppler Pencil Probe. Michael outlines their unique Ultrasense system, which promises faster, more accurate diagnostics, detailing a robust business model and strong leadership geared towards high-margin revenue and strategic industry partnerships with entities like Medtronic and Philips. He highlights the company's commercialization timeline and financial trajectory towards profitability by 2026, supported by a strong patent portfolio and seed funding efforts. The compelling patient stories and strong market need underscore the critical importance of their work in early PAD detection and intervention.  Following this, we turn our focus to SleepScore Labs with Colin Lawlor, who shares his journey from ResMed to founding an organization dedicated to leveraging AI and data for improving consumer sleep. Recognizing sleep's critical role in overall health, Colin outlines how SleepScore Labs utilizes proprietary sleep data and intervention studies to provide companies with actionable insights and personalized coaching solutions. The importance of sleep for mitigating chronic diseases and optimizing wellness drives their market opportunity, particularly through B2B2C models with partners like Mattress Firm and Terabody. By highlighting their success in Germany, where their platform is reimbursed by insurance without a doctor's prescription, Colin emphasizes the robust, scalable business model ready to capitalize on the growing demand for sleep solutions.  The episode closes with both Cormack and Lawlor discussing their exit strategies and potential for partnerships with industry giants, illustrating the potential for innovation in medical diagnostics and sleep technology. The detailed exploration into these fields gives investors and entrepreneurs critical insights into the paths to market success and the transformative potential of these cutting-edge technologies. Team and Funding 30:14 Q&A and Conclusion

Furniture Industry News – December 16th, 2024Episode Highlights:Loctek Ergonomic's Container Ship Sale:Loctek sold its pandemic-era container ship to Minerva Marine for $31M.Initial construction cost was $32.6M, reflecting post-pandemic normalization of shipping rates.Industry-wide freight volumes remain low, but 2025 shows cautious optimism.Freight Industry Adjustments:Carriers hold steady pricing despite rising costs, focusing on efficiency improvements.Strategic mergers are being explored, though opportunities are limited.Labor shortages persist but are improving, with emphasis on retaining high-quality drivers.Top Furniture Retailers for Customer Service:NFM ranked #1 in home furnishings and #17 overall on the Forbes Best Customer Service list.Other top-ranked retailers include Mattress Firm, American Furniture Warehouse, Rooms To Go, and R.C. Willey.Rankings reflect customer feedback from 4.4M ratings, highlighting exceptional service standards.AI-Powered Pricing Strategies:Retailers adopt AI tools to optimize pricing, ensuring competitiveness and margin protection.Tools adjust prices dynamically based on inventory, market trends, and customer behavior.Synchronizing omnichannel pricing has enhanced customer trust and profitability.3Z Brands Acquires Southerland:Acquisition marks 3Z's first purchase of a traditional mattress manufacturer.Southerland's facilities to serve as a national footprint and East Coast e-commerce hub.Expanded manufacturing capabilities position 3Z as a leader in the mattress industry.Key Takeaways:The furniture industry is navigating a post-pandemic normalization period with strategic adjustments in logistics, labor, and pricing. Meanwhile, AI and technology integration are driving smarter business decisions, and customer service remains a critical differentiator in a competitive retail market.

The Sleep Unplugged podcast is back to solve your holiday shopping dilemmas  with some of my favorite sleep product companies. In this episode, we will explore a host of sleep-themed gift ideas and product recommendations. In this episode, we will feature the following products:GroundingWell grounding/earthing productsBeadgear pillows and linensBearaby weighted blankets and unique pillowsBoka nano-hydroxyapatite toothpasteDore and Rose mulberry silk sleep maskLoop Dream earplugs for sleepLuminette 3 light therapy glassesLunya washable silk pajamas Mattress Firm king bed for queen priceQuietLab anti-snoring mouthpieceRematee anti-snoring beltRyze mushroom coffee and hot chocolate mixSleeper Hold travel pillowSwanwick blue-blocking glasses and lighting solutionsThe Sleep Solution/The Rested Child booksYogasleep Dohm Nova noise machine and Rohm+ travel noise machine and speakerzDen personal/pet sleep environmentZzzquil breathing stripsProduced by: Maeve WinterMore Twitter: @drchriswinter IG: @drchriwinter Threads: @drchriswinter Bluesky: @drchriswinter The Sleep Solution and The Rested Child Thanks for listening and sleep well!

In today's episode, we explore key developments shaping the furniture and mattress industry, covering critical retail challenges, major mergers, and insights from recent industry events.Key Topics:Supply Chain Challenges for Furniture RetailersRetailers brace for potential disruptions as East and Gulf Coast port negotiations continue between the International Longshoremen's Association and the U.S. Maritime Alliance. Many have expedited shipments to preempt delays and avoid impending tariff increases that could drive up consumer costs.National Retail Federation highlights possible impact on consumer pricing and economic stability, with some businesses opting to reroute shipments to West Coast ports despite increased costs and logistics complexities.FTC Challenges Tempur Sealy's Acquisition of Mattress FirmFederal court hearings begin as the FTC attempts to block Tempur Sealy's $4 billion acquisition of Mattress Firm, citing concerns over reduced competition in the mattress retail sector.Tempur Sealy and Mattress Firm counter that the merger won't reduce consumer options, pointing to recent partnerships with other mattress brands as evidence of their commitment to a multi-brand retail strategy.Witnesses, including leaders from Serta Simmons, Casper Sleep, and retailers like Macy's, underscore the industry's vested interest in the case's outcome.Trends and Highlights from High Point MarketCase goods suppliers report an uptick in orders, with natural finishes and light brown tones remaining popular.Emerging color trends show increased use of dark browns, blacks, and whites, while gray tones decline.Sintered stone gains traction in dining table designs, with leading manufacturers incorporating the material into new lines.Customizable collections and renewed demand for youth bedroom furniture reflect evolving consumer preferences.Notable Mergers & Acquisitions in the Furniture SectorCarpenter Co. acquires mattress brand Casper Sleep, marking its third acquisition in under two years.Fairfax Financial Holdings completes its acquisition of Sleep Country Canada, adding to its presence in the sleep retail sector.Mattress Warehouse announces expansion with planned acquisitions of Sleep Outfitters and Mattress Firm locations.Other significant deals include Ashley Home's acquisition of Resident Home and Bedding Industries of America's merger with Saatva.Continued M&A activity indicates an ongoing trend of consolidation across the industry, driven by strategic growth objectives.Industry OutlookThe market is adjusting to significant shifts, with mergers, material trends, and new retail strategies pointing to a dynamic year-end period for the furniture and mattress sectors. As the industry braces for potential logistical disruptions and economic pressures, companies remain focused on adapting to consumer demand and securing competitive positions.Stay Connected Subscribe to Furniture Industry News to stay informed about critical industry updates, trends, and analysis. We'll be back soon with more essential insights!

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In this episode, we're thrilled to welcome Brent Batterman, a seasoned expert with over twenty years in the mattress industry. Brent has made significant strides in transforming sales and product launches, notably through his work at Mattress Firm. He's renowned for his leadership in training sales teams and for pioneering the first waterfall system with finance companies—a groundbreaking innovation that boosts approval rates and enhances the in-store customer experience. Tune in to hear Brent's insights on industry evolution, the impact of his innovations, and how retailers around the world are benefiting from his visionary approach.  

In this episode: We cover the latest developments in the furniture and mattress retail industry, consumer spending trends, and potential challenges impacting supply chains. Here are the key takeaways:1. Mattress Warehouse's Expansion PlansMattress Warehouse is acquiring 176 stores from Sleep Outfitters and Mattress Firm, with 107 Sleep Outfitters locations and 73 Mattress Firm stores, alongside seven distribution centers. This move is contingent on Tempur Sealy's $4 billion acquisition of Mattress Firm, which is currently under review by the FTC. If approved, Mattress Warehouse aims to operate 500 stores by 2028.2. Credit Trends in Furniture RetailDemand for financing options is rising alongside furniture sales. Despite increased credit usage, delinquencies remain under control due to advanced risk management tools like AI and machine learning. Flexible payment options are also helping consumers manage payments more effectively.3. Consumer Spending PrioritiesTop Categories: Sofas and sectionals lead the list, followed by area rugs, decorative accessories, and mattresses for the primary bedroom.In-store Shopping Preference: Consumers still prefer making purchases in physical stores, indicating the importance of the tactile shopping experience.Demographic Shift: Younger consumers (aged 18-43) make up 70% of those planning home furnishing purchases, signaling a shift in buying power.4. Potential U.S. Port StrikeA looming strike at 36 major U.S. ports could disrupt supply chains if a new labor contract is not reached by September 30th. The International Longshoremen's Association is seeking better wages and protections against automation. If a strike occurs, it could severely impact furniture and retail sectors during the critical holiday season.5. Adjustable Bed Base Market GrowthAdjustable bed bases are no longer seen solely as medical devices. With smart home integration and customizable features, they are now popular lifestyle products appealing to a broader audience. This category offers furniture and mattress retailers a strong opportunity to increase revenue through add-ons.6. Macy's Home Department StrugglesHome sales at Macy's have declined by over 10%, significantly more than other categories. Macy's is focusing on gifting strategies and revamping its private label brands to reverse the trend in time for the holiday season.Stay Informed:Subscribe to Furniture Industry News for the latest updates on trends and insights in the furniture and mattress world.

Show Notes: Furniture Industry News - August 12, 2024Episode Highlights:Bob's Discount Furniture ExpansionBob's Discount Furniture is set to open seven new stores this fall across several states.The first two openings on August 30th include a 19,800-square-foot showroom in Toms River, New Jersey, and a 46,620-square-foot store in Bethel Park, Pennsylvania.Additional openings are scheduled for October 11th and November 11th in Virginia, California, Massachusetts, New York, and Maryland, continuing the brand's aggressive expansion strategy.Ennis Fine Furniture Closure in Richland, WAEnnis Fine Furniture will close its Richland, Washington store as part of David Ennis's retirement.The store, a longstanding community fixture, is currently holding a liquidation sale before transitioning into a La-Z-Boy Furniture Gallery.The Ennis family will continue operating other locations in Spokane, Washington, and Boise, Idaho, focusing on these stronger markets.Tempur Sealy's Acquisition of Mattress FirmTempur Sealy's $4 billion acquisition of Mattress Firm is under scrutiny by the Federal Trade Commission (FTC).Concerns include potential reduction in competition, particularly in the premium mattress market.A hearing is set for December, and the outcome may depend on whether Tempur Sealy agrees to restructure the deal, possibly by divesting some stores.Las Vegas Market Optimism Amid Economic ChallengesDespite low showroom traffic and rising freight costs, exhibitors at the Las Vegas Market remain positive.Key strategies include maintaining strong customer service, quick shipments, and offering special orders.Notably, Legends Home introduced a "Take 5" promotion, offering a 5% discount on orders from their Phoenix warehouse, a move aimed at mitigating ocean freight costs.Big Lots' National Bargain Hunting WeekBig Lots celebrated National Bargain Hunting Week with daily "Bargain of the Day" deals.Discounts ranged from 20% to 75% on closeouts, overstocks, and liquidations across various product categories.The event underscored Big Lots' commitment to providing customers with significant savings and an exciting shopping experience.

On this episode, George Hanson, the Chief Digital Officer at Mattress Firm, discusses how innovative technologies are revolutionizing the retail space and enhancing customer satisfaction. He emphasizes the importance of starting with customer needs and finding ways to transition from online to in-store experiences as seamlessly as possible. Plus, he talks about the central role of retail associates in the customer experience and the need to provide them with the tools and technology they need to succeed.Tune in to learn:The Role of Sleep Experts in the Mattress IndustryThe Need to Preserve Human-to-Human Relationships in RetailThe Importance of Building Trust and Transparency in the Age of AIHow to Create a Seamless Online-to-Offline ExperienceHow To Improve Sleep Health with Data-Driven InsightsWhy You Should Be Mastering the Art of Better Sleep–How can you bring all your disconnected, enterprise data into Salesforce to deliver a 360-degree view of your customer? The answer is Data Cloud. With more than 200 implementations completed globally, the leading Salesforce experts from Professional Services can help you realize value quickly with Data Cloud. To learn more, visit salesforce.com/products/data to learn more. Mission.org is a media studio producing content alongside world-class clients. Learn more at mission.org.

Episode HighlightsTikTok Trends Impacting Furniture Industry:"Underconsumption Core" Movement:Growing among Gen Z and Millennials.Emphasizes recycling, reusing, and repairing over buying new.Shift towards sustainable consumer habits.Generational Wealth Transfer:"Giving While Living":Baby Boomers passing wealth to younger generations.Increased spending on travel and experiences over new furniture.Retailers need to adapt marketing strategies to appeal to environmentally conscious consumers.Industry Trends and Financial Updates:1stDibs Q2 Performance:6% increase in net revenue.Gross margins improved to 71.7%.CEO David Rosenblatt highlights order growth and active buyer increase.GigaCloud Technology Growth:Onboarded 2,900+ new buyers.Nearly 1,000 active sellers.Introduction of "Branding as a Service" initiative.U.S. Manufacturing Contraction:Manufacturing sector struggles, with July marking the fourth month of decline.Furniture industry shows resilience with growth in new orders and production.Tempur Sealy Q2 Financials:North America net sales down by 3.8%, but net income up by 14.8%.International sales slightly increased by 0.9%.Preparing for the acquisition of Mattress Firm.Upcoming Events:Retail Sales Awards:To be presented at the Furniture Today Leadership Conference in Naples, Florida, December 3-5.Awards recognize top sales associates across various annual sales categories.Thank you for listening!Subscribe to Furniture Industry News on your favorite platform for more updates and insights. Stay tuned for the latest trends, important developments, and key financial metrics in the furniture industry.

Many in our industry know the vital role that sleep plays in our overall well-being, but do our consumers? James Perez, current CEO of over a dozen Mattress Firm Franchise stores in South Texas, joins Mark Kinsley on today's episode [rewind] to discuss his remarkable journey that reshaped his perspective on achieving a restful night's sleep. We visit with Perez who sets out to enlighten individuals about the other crucial factors that contribute to a transformative sleep experience (hint: mattresses only account for 20% of sleep wellness). From pillows to textiles and wellness practices, he understands that the key to unlocking optimal sleep lies in addressing each of these elements comprehensively. Citing back to the inaugural Dream Camp 2022 held in Bentonville, Arkansas, Perez emphasized the pressing need for the mattress industry to establish trust and credibility in their mission to help people improve their sleep. Drawing from his own personal journey, he also shared the profound impact that prioritizing sleep and health had on transforming the culture within his own company. Perez's story serves as a powerful reminder that sleep encompasses far more than just a comfortable mattress. By delving into the lesser-known aspects of sleep, we can unlock the potential for a truly restorative and life-enhancing slumber.

Podcast Show Notes: Episode on Furniture Industry NewsWelcome to Furniture Industry News, your essential podcast for the latest updates in the furniture industry.Topics for today: Conn's HomePlus bankruptcy, FTC's challenge to Tempur Sealy's acquisition of Mattress Firm, Big Lots store closures, M lily USA's new shipping program, FTC's investigation into AI-powered pricing tools, and American Freight's new international sourcing strategy.Conn's HomePlus Bankruptcy FilingConn's HomePlus and subsidiary Badcock Home Furniture &more filed for Chapter 11 bankruptcy on July 23.Estimated assets and liabilities: $1-$10 billion, affecting 25,001 to 50,000 creditors.Closure of 106 showrooms (19% of total stores): Conn's closing 71, Badcock closing 35.Key states impacted: Florida, Texas, Arizona, Colorado, Louisiana, Virginia, North Carolina, Oklahoma, Tennessee, South Carolina, Georgia, Mississippi, Alabama.Implications: Major downsizing, restructuring debts, potential impacts on employees, suppliers, and consumers.Broader industry trend: Financial distress influenced by changing consumer behaviors and macroeconomic factors like inflation and supply chain disruptions.Conn's HomePlus Unsecured CreditorsTop 20 unsecured creditors disclosed: Samsung ($20.9M), LG Electronics ($13.9M), General Electric ($13.4M).Significant debts to furniture and mattress vendors: Standard Furniture Holdco ($3.7M), Man Wah Macao Commercial ($2.9M).Financial relationships highlight the interconnected nature of the supply chain.Suppliers may need to reassess credit policies and negotiate new contracts to recover dues.FTC Challenge to Tempur Sealy's Acquisition of Mattress FirmFTC court date: December 4th, to decide on the $4 billion acquisition.Concerns: Potential to stifle competition and raise prices.FTC's process: Preliminary fact witness lists, expert witnesses, subpoenas, and final witness lists.Tempur Sealy's stance: Confident in meeting regulatory requirements, sees acquisition as beneficial for efficiency and consumer prices.FTC's allegations: Potential market manipulation, restricted retail space for competitors.Outcome implications: Significant for the mattress industry, decision expected by early 2025.Big Lots Store ClosuresPlan to close 10% of stores (142 locations): Major impact in California (54 closures) and Arizona (13 closures).Reasons: Declining sales, mounting debt, increased competition, economic challenges.Strategy: Reducing physical footprint to cut operational costs and focus on profitable locations.Company's outlook: Optimistic about stabilizing operations and improving financial performance through these measures.M lily USA's Shipping ProgramNew shipping cost reduction program: Two tiers, Direct Ship and Direct Ship 2K.Direct Ship: Embedded shipping costs for smaller orders ($1-$1,999), beneficial for backfilling inventory.Direct Ship 2K: Lower shipping costs for larger orders ($2,000+).Additional incentives: Free shipping for orders at summer Las Vegas Market, reduced mattress protector pricing by up to 25%.Goal: Alleviate high shipping rates, support retailers in maintaining competitive pricing.FTC Investigation into AI-powered Pricing ToolsFocus: AI tools changing prices based on personal data (location, demographics, browsing history).Concerns: Consumer privacy, fair competition, potential for higher prices or manipulated buying decisions.Companies under scrutiny: Mastercard, Revionics, Bloomreach, McKinsey & Co.FTC's stance: Importance of transparency, potential for stricter regulations on data usage.Implications: Businesses may need to revise pricing strategies, consumers could benefit from fairer, more transparent pricing practices.American Freight's New Sourcing StrategyExpansion to international territories: Vietnam and Malaysia.Aim: Meet consumer demand for value, secure high-quality products at competitive prices.Leadership: Stephanie Koda appointed as divisional VP of sourcing, with extensive retail experience.New product range: Barstools, upholstered headboards, sideboards, motion furniture collections.Commitment: High-quality standards, ethical sourcing, strengthened global partnerships, and competitive market positioning.

Date: July 22, 2024Episode Title: Transformations in Social Shopping, Sleep Country Canada Acquisition, and Bedding Sector ChallengesEpisode Summary:In today's episode, we delve into key developments impacting the furniture industry:Rise of Social Media Shopping: The transformation of social media platforms into major shopping avenues.Fairfax Financial Holdings Acquires Sleep Country Canada: A significant acquisition and its implications.Tempur Sealy's Legal Battle and Industry Challenges: The ongoing legal drama and its impact on the bedding sector's current challenges.Key Topics:Social Media Shopping Trends:Survey Insights: A Talker Research poll reveals 68% of U.S. adults have made purchases through social media.Platform Popularity: Facebook leads with 85% usage, followed by Instagram (49%) and TikTok (38%).User Motivations: Ease, convenience, and product discovery are key drivers.Influence of Reviews: 53% of users less likely to buy after reading negative reviews.Live-Stream Shopping: Gaining popularity with 20% participation and 83% making purchases.Sleep Country Canada Acquisition:Deal Overview: Fairfax Financial Holdings to acquire Sleep Country for CAD 1.7 billion.Shareholder Benefits: 34% premium on the 20-day volume-weighted average price.Leadership Comments: Confidence in strategic value and future growth under Fairfax.Regulatory Steps: Awaiting court approval, shareholder endorsement, and regulatory scrutiny.Challenges in the Bedding Sector:Declining Sales: Economic uncertainty and competition from online retailers affecting revenue.Reduced Foot Traffic: Shift to online shopping reducing in-store visits.Distraction from Legal Battle: Tempur Sealy and Mattress Firm acquisition drama diverting attention from core issues.Industry Concerns: Potential exposure of sensitive information affecting competitive strategies.Notable Quotes:Lija Hogan, UserTesting: "Social platforms not only tell a brand's story but also provide customer reactions and reviews that serve as social proof."Christine Magee, Sleep Country: "This transaction is in the best interests of Sleep Country and fair to our shareholders."Prem Watsa, Fairfax: "We look forward to working with the Sleep Country team to further develop this remarkable Canadian success story over the long term."Conclusion:Stay focused on addressing immediate industry challenges while staying informed about high-profile legal proceedings. Innovative solutions and strategic thinking are essential for overcoming declining sales and reduced consumer traffic.

Retail - and the whole customer journey - is evolving in this digital age. How has technology impacted our ability to anticipate and meet the needs of consumers, and how important is that face-to-face interaction in a store today?George Hanson has led retail strategy for some of the most well-known consumer brands including Under Armour, Lands' End and Panera. He's now the Chief Digital Officer at Mattress Firm, where he's thinking about these very questions.We sat down with George to understand the new science of retail, the intersection of digital tools and human expertise, and how Mattress Firm is combining the best of both digital and in-person shopping to give their customers a seamless purchasing experience, backed by data, AI and research.This episode is packed with actionable insights for anyone in the retail sector, providing a comprehensive look at the strategies and technologies that are shaping the future of retail.In this episode, you'll hear:How Mattress Firm is transforming its retail strategy with advanced digital toolsThe role of sleep science in developing innovative mattress technologyHow AI and machine learning are used to enhance both online and in-store customer experiencesThe importance of a consultative approach in retail and how it benefits customer relationshipsStrategies for integrating physical and digital retail experiences to drive customer satisfaction and business growthQuotable Moments:"Technology adoption has to prove itself. We proved it at the macro level, but at the individual level is really where the transformation happens.""The customer has many, many more tools to feel like they're getting the right solution for them. They just need that extra bit of confidence that comes from our credible experts, and that expertise is really hard to develop and maintain but it's something Mattress Firm has focused on."3 Big Takeaways from this episode:Digital transformation is revolutionizing the retail landscape: George explains how Mattress Firm leverages AI and machine learning to enhance both online and in-store customer experiences. The use of advanced digital tools like Mattress Matcher integrates years of customer data to provide personalized recommendations, significantly boosting conversion rates.The new era of retail focuses on a seamless blend of digital and physical experiences: Despite the rise of e-commerce, 90% of Mattress Firm's sales still occur in physical stores, and the company has invested heavily in their Sleep Experts' training. In this new era of buying, consumers will do their research online before entering a store. Savvy retailers will find a way to leverage that digital experience with the in-store service to create a seamless customer journey.STEM skills are essential for success in today's retail environment: Mattress Firm's Sleep Experts utilize sophisticated digital tools and proprietary software like Dream Hub to help customers find the right sleep system, backed by data and sleep science. In this digital age, jobs like sales professional, which historically has relied on one's people skills, now requires a foundation in STEM and technology skills.More links + resources on the episode page: https://techedpodcast.com/hanson/Instagram - Facebook - YouTube - TikTok - Twitter - LinkedIn

In this episode, we explore the latest developments in the furniture industry, including July 4 sales trends, the FTC's objection to Tempur Sealy's acquisition of Mattress Firm, Big Lots store closures, and Bassett Furniture's Q2 earnings report. Whether you're a retailer, manufacturer, or an industry enthusiast, this episode provides valuable insights into the current market dynamics.Key Points:July 4 Sales Overview:Mixed results for furniture retailers, influenced by economic factors like inflation.Gill Brothers Furniture reported success with their triple sales tax savings incentive.1915 South (Ashley stores) saw increased traffic but lower average purchases.Home Furniture in Minnesota and Cleveland Furniture Company experienced notable sales in outdoor furniture and leather motion seating.Importance of strategic promotions and understanding consumer behavior.FTC vs. Tempur Sealy:The FTC challenges Tempur Sealy's $4 billion acquisition of Mattress Firm.Tempur Sealy argues the acquisition will enhance competition and reduce costs.Detailed rebuttal by Tempur Sealy highlighting market dynamics and competition.Ongoing legal battle with significant implications for the mattress industry.Big Lots Store Closures:Big Lots to close 35 to 40 underperforming stores to stabilize finances.Despite overall sales decline, furniture sales show resilience.The impact of closures on competition and the market.Bassett Furniture's Q2 Earnings Report:17% decline in sales, fourth consecutive quarterly loss.Restructuring plan includes reducing manufacturing footprint and optimizing inventory.Closure of Noa Home to focus on core business operations.Success of the custom upholstery program as a market differentiator.Challenges due to the macroeconomic environment and housing market trends.Notable Quotes:"Shoppers seemed to lean more towards lower-priced items, suggesting a cautious consumer attitude amidst economic uncertainty.""Tempur Sealy argues that the FTC has fundamentally misunderstood the breadth and complexity of the mattress industry.""Despite the closures, Big Lots continues to be a major player in the furniture retail industry.""Bassett's custom upholstery program allows consumers to choose from a variety of frame lengths, arm, back, and base styles, as well as multiple fabric and leather options."Stay updated with the latest trends and insights in the furniture industry by subscribing to our podcast. Visit our website for more detailed reports and analysis. Join our community of industry professionals and enthusiasts to stay ahead in this dynamic field.Tune in to our next episode as we discuss the impact of emerging technologies on furniture design and production, featuring expert interviews and the latest innovations. Don't miss out!

Furniture Industry News – Show NotesEpisode: July 10, 2024Welcome to 'Furniture Industry News,' your go-to podcast for the latest updates and insights for professionals in the furniture industry. Whether you're a retailer, manufacturer, or just passionate about furniture, you're in the right place to stay informed on the trends and major developments shaping our industry. I'm your host, and we've got a packed episode today. Let's dive right in!Key Topics:Kroger and Albertsons Merger:Overview: $24.6 billion merger to consolidate two grocery giants.Divestiture: 579 stores to be sold to C&S Wholesale Grocers to address antitrust concerns.Impact on Furniture: Fred Meyer stores (owned by Kroger) are spared, potentially affecting furniture sales dynamics.Implications: Changes in supply chain and customer service approaches, and potential for enhanced product offerings and inventory management.Big Lots Potential Store Closures:Announcement: Closing 35 to 40 stores in 2024 due to economic pressures.Sales Impact: Decrease in sales, particularly in furniture, due to inflation and customer spending caution.Company Adjustments: Reduced operating loss and inventory, signaling a potential recovery.Market Implications: Opportunities for competitors and a cautious market sentiment towards high-ticket items like furniture.FTC vs. Tempur Sealy:Legal Battle: FTC sues to block $4 billion acquisition of Mattress Firm by Tempur Sealy.FTC's Stance: Merger would reduce competition and raise prices.Tempur Sealy's Defense: Emphasizes competitive e-commerce dynamics and compliance with regulatory requirements.Industry Implications: Potential for maintaining current competition or significant market consolidation.Cozey's Pop-Up Store Strategy:New Initiative: Pop-up store on Granville Street in Vancouver until September.Product Showcase: Modular sofas, chairs, and various home accents.Business Strategy: Combining online convenience with in-store experience to enhance customer engagement and sales.Expansion Plans: Gathering insights for future physical store locations.Proposed OSHA Heat Safety Rule:Proposal: Federal standard requiring plans to manage heat-related hazards in workplaces.Relevance to Furniture Manufacturing: Ensuring safe temperatures in factory floors and storage areas.Employer Requirements: Providing cool water, break areas, and acclimatization protocols.Public Comments: Open for 120 days, allowing industry feedback on the proposal.Furniture Damage Statistics:Survey Results: 174 million Americans experience furniture damage within the first two years of ownership.Common Damages: Sofas and loveseats most frequently damaged, followed by rugs and chairs.Damage Causes: Spills and stains (juice, pets, coffee), rips, tears, dents, and scratches.Preventive Measures: Use of covers, slipcovers, and protection plans.

Furniture Industry News PodcastEpisode: July 8, 2024Introduction:Welcome to the latest episode of the Furniture Industry News podcast, your go-to source for updates from the world of furniture. Today, we explore consumer confidence trends, major industry acquisitions, store closures, upcoming market events, and innovative partnerships.Segment Highlights:Consumer Confidence Index Report for June:The Consumer Confidence Index dipped from 101.3 in May to 100.4 in June, indicating mixed consumer sentiments.The Present Situation Index increased slightly, reflecting stable current economic conditions.The Expectations Index declined, signaling apprehension about future economic prospects, with a consistent sub-80 rating over five months suggesting potential recession concerns.Insights from Dana M. Peterson of The Conference Board underscore the ongoing strength in the labor market but caution against possible future declines.Tempur Sealy's $4 Billion Acquisition of Mattress Firm:Tempur Sealy is confident in closing its acquisition of Mattress Firm despite the FTC's opposition, which could delay the deal to late 2024 or early 2025.CEO Scott Thompson highlights the competitive nature of the bedding industry and the importance of maintaining a diverse product mix in Mattress Firm stores.The rise of e-commerce in the bedding sector is noted as a significant factor, with Tempur Sealy successfully leveraging online sales.Closure of Pugh Furniture:After over a century, Pugh Furniture in West Virginia is closing due to rising operational costs and the owner's retirement.The closure marks the end of a long-standing family business and reflects broader challenges facing small, family-owned furniture stores in today's economic climate.A going-out-of-business sale is underway to liquidate the store's inventory.Andmore's Summer 2024 Markets in Atlanta and Las Vegas:Andmore partners with nearly 20 buying groups and trade associations for the upcoming markets, offering opportunities for networking, education, and product discovery.Key partners include the American Specialty Toy Retailing Association, the Association of Golf Merchandisers, and the Independent College Bookstore Association.Executive Vice President Karen Olson emphasizes the benefits of collaborative initiatives for attendees.Partnership between Storis and Berrios:Storis and Berrios join forces to enhance customer experiences through advanced retail management software solutions.The partnership aims to streamline inventory management, improve sales processes, and offer a seamless omnichannel experience.Both companies highlight the importance of innovation and personalized customer interactions in driving business growth and customer loyalty.

Noticias Económicas y Financieras Los niveles de deuda son una gran preocupación, ya que ambos candidatos presidenciales han sumado billones de dólares al déficit nacional durante sus primeros mandatos. Es un problema porque medidas como el aumento de impuestos y los recortes de gastos no son populares entre los contendientes que solo consideran cuatro años a la vez, mientras que puede llevar un tiempo sentir los mayores costos relacionados con el servicio de la deuda. De hecho, Estados Unidos tiene previsto gastar $892B en pagos de intereses en el año fiscal actual, más que la cifra destinada al gasto de defensa, y se prevé que esa cifra supere el billón de dólares en 2025, lo que está cerca del presupuesto total para Medicare. El legendario gladiador gastronómico Joey Chestnut no se atragantará con los perritos calientes empapados en el Nathan's Famous Hot Dog Eating Contest de este año, el 4 de julio. Según ESPN, el 16 veces campeón acordó un acuerdo de patrocinio con Impossible Foods $IMPF, que fabrica alternativas vegetales a la carne y el pescado, incluidos los perritos calientes vegetales, lo que lo hace inelegible para competir. Los perritos calientes de Nathan son fabricados por Smithfield, una subsidiaria de la empresa china de procesamiento de carne y alimentos WH Group (OTCPK:WHGLY), pero el sitio del Nathan's Famous Hot Dog Eating Contest sigue siendo propiedad privada de la familia del fundador Nathan Handwerker. La FDA ha aprobado Kisunla (donanemab) de Eli Lilly $LLY como tratamiento para la enfermedad de Alzheimer en sus inicios. La terapia, que se administra mediante infusión una vez al mes, costará 12.522 dólares durante seis meses o 32.000 dólares para un tratamiento más amplio durante un año. Kisunla competirá con Leqembi (lecanemab) de Biogen $BIIB y Eisai (OTCPK:ESAIY), que está disponible en Estados Unidos desde el año pasado. Las acciones de Eli Lilly no recibieron ningún impulso de las últimas noticias, ya que el presidente Biden y el senador Bernie Sanders instaron al gigante farmacéutico a reducir sustancialmente los precios y dejar de "estafar al pueblo estadounidense". La Comisión Federal de Comercio ha presentado una demanda para bloquear la compra por $4B que Tempur Sealy (NYSE: TPX) planea realizar del minorista Mattress Firm. Como mayor proveedor y fabricante de colchones del mundo, Tempur Sealy tendrá la capacidad y el incentivo para "suprimir la competencia" y aumentar los precios de los colchones para millones de consumidores, según la FTC. La empresa respondió que "la perspectiva no refleja todos los hechos y la ley relevantes", destacando que la industria de la ropa de cama es altamente competitiva. Otras fusiones y adquisiciones están bajo la lupa a raíz de la sentencia, como el acuerdo de Walmart $WMT para adquirir el fabricante de televisores Vizio $VZIO. La fortaleza de Tesla $TSLA hace que el Nasdaq cierre por encima de los 18.000 puntos. $MRNA Moderna firma un contrato para desarrollar una vacuna de mRNA contra la gripe aviar. $WMT Walmart explora la posible venta de centros de salud.

Welcome to 'Furniture Industry News,' your essential podcast for the latest updates in the furniture industry. Today's episode is packed with key events and trends shaping the market. Here's what we covered:Key TopicsFTC Blocks Tempur Sealy's Acquisition of Mattress FirmDetails: The Federal Trade Commission (FTC) has filed a complaint to block Tempur Sealy International's acquisition of Mattress Firm.Implications: This legal battle could set a precedent for future mergers in the industry.Expert Insight: Richard Mosier, FTC's mergers division attorney, emphasizes confidentiality and the extensive investigation process.22% Surge in Furniture Orders for April 2024Details: New furniture orders increased by 22% in April 2024 compared to April 2023.Contributing Factors: Manufacturer resilience, efficient inventory management, and strong demand.Statistics: New orders reached $2.2 billion; shipments increased by 2%.Conn's HomePlus Faces Potential Chapter 11 BankruptcyDetails: Conn's HomePlus may file for bankruptcy due to declining sales and integration challenges following its acquisition of Badcock Home Furniture.Impact: Possible restructuring and operational changes to stabilize the company.July 4th Promotions by Low-Price RetailersRetailers: American Furniture Warehouse, Bob's Discount Furniture, and Jerome's.Strategies: Extended store hours, in-store specials, and creative promotions without traditional sales.Quotes: Stephen Nesle, Bob's Discount Furniture, highlights their “Four for the Fourth” promotion.Bedding Industry Insights for Q3 2024Events: Upcoming Leadership Conference featuring a dynamic CEO panel and exclusive consumer research.Focus: Retailer engagement and strategic shifts.Man Wah USA's 3% Price IncreaseReason: Rising container rates impacting shipping costs.Impact on Retailers and Consumers: Slight price increases aimed at maintaining stability in the face of higher freight expenses.Notable QuotesRichard Mosier (FTC): “The FTC has taken steps to ensure that the information supplied by third parties is protected under their 'standard protective order.'”Stephen Nesle (Bob's Discount Furniture): “This promotion is designed to make furniture shopping easier and more rewarding during the holiday.”ConclusionThank you for joining us on 'Furniture Industry News.' Subscribe to stay informed about the latest developments and trends in the furniture industry. Until next time, keep innovating and stay ahead in the market!

Of earwigs and toothbrushes, Zulu-Lulu, Louisiana and the Ten Commandments, Movie recommendation: Greyhound (2020), and Mattress Firm's questionable ad campaign.   The show notes for the latest Dimland Radio are here: https://dimland.com/2024/06/25/dimland-radio-6-22-24-show-notes/

Show Notes for Furniture Industry NewsEpisode Highlights:1. Redecor Survey Insights:Survey Scope: 5,500 participants revealing diverse sourcing methods for home décor.Trends:25% source from second-hand outlets.Gen X (26%) vs. Gen Z (19%) preferences.Traditional retail still strong at 28%.Emerging sources include family, friends, street finds (20%), online shopping (11%), and local boutiques (7%).Priorities:Cost is paramount (46%), followed by aesthetics (18%).Sustainability influences 73% of Gen Z and 62% of Millennials.Interest in "tiny homes" noted, with 50% willing to consider.Minimalism vs. maximalism (46% vs. 21%).2. Malaysia Furniture Furnishings Market (MFFM):Event Details: September 5-7, 2024, at the World Trade Centre Kuala Lumpur.Significance: Reinforces Malaysia's role in the global supply chain.Features:Diverse product displays including sustainable solutions.Hosted Buyer's Programme with pre-arranged meetings and complimentary stays.Networking opportunities and Business Matching program.Organizer: Derrisen Sdn Bhd, with 25 years of experience in furniture trade shows.3. Geology Studio's ‘Off the Wall' Credenza:Design Innovation: Seamlessly integrates TV storage into a wooden casing.Features: Patented sound reflection panel, eye-level screen positioning, and high-quality materials (white oak and walnut).Customization: Available in various sizes.Pricing: $3,400 with a three-week shipping timeline.Creators: Adam and Vanessa Friedman, focusing on combining aesthetics with functionality.4. Furniture Today's Trailblazers and Titans Event:Event Date: July 27th, at the Las Vegas Market.Purpose: Honors industry leaders and rising talents.Recognition:Established leaders and 40 Under 40 rising stars.People To Watch for their potential to innovate.Networking Opportunity: A must-attend for professionals seeking insights and connections.5. Mattress Firm's Partnership with Cameron Brink:Initiative: Team Sleep Well, emphasizing the role of quality sleep in athletic performance.Participants: Top athletes like Cameron Brink and Kenny Bednarek.Activities: Sleep consultations with a Mattress Firm Sleep Advisor and participation in Next22 charity basketball clinic.Objective: Raise awareness about the importance of sleep for health and performance.Conclusion:Stay tuned for more updates and insights in the furniture industry by subscribing to our podcast. Keep exploring, innovating, and staying ahead in this dynamic market. Join us in the next episode for more valuable industry information.

Episode Title: Navigating Economic Challenges and Strategic Growth in the Furniture IndustryIntroduction:Welcome to Furniture Industry News, your go-to podcast for the latest developments in the furniture industry.In this episode, we discuss the current economic challenges, sales trends, and strategic growth opportunities shaping the furniture retail landscape in 2023.Key Topics Covered:Sales Challenges for Top 100 Furniture Retailers:Overview of the significant sales decline among the top 100 furniture retailers in 2023.Impact of high consumer inflation, elevated interest rates, and a sluggish housing market.Notable exceptions with positive growth: Crate & Barrel, Lovesac, Ikea, Arhaus, Clive Daniel Home, and Conn's.Introduction of new retailers in the Top 100 list: Canales Furniture, The Furniture Warehouse/Richmond Sales, Kittle's Furniture, and Talsma Furniture.Consumer Confidence Index Update:Recent uptick in the Consumer Confidence Index, rising to 102.0 in May from 97.5 in April.Analysis of the Expectations Index and Present Situation Index.Insights into consumer perceptions of business conditions and job market outlook.Insights from the International Council of Shopping Centers Convention:Discussion on the shortage of desirable retail space and its impact on the industry.Anticipated support for consumer spending due to higher wages in 2024.Shifts in retail leasing demand, with growth in food services, discount retailers, fitness centers, grocery stores, and healthcare facilities.Resurgence of Mergers and Acquisitions:Trends driving the increase in mergers and acquisitions in the home furnishings industry.Examples of strategic vertical integrations, such as Tempur Sealy's bid for Mattress Firm and Ashley's acquisition of Resident.Importance of preparation and strategic planning for companies considering mergers or acquisitions.Extension of Tariff Exclusions on Chinese Textiles:Extension of tariff exclusions for several categories of home textiles until May 31, 2025.Products benefiting from the extension and its implications for manufacturers and retailers.Underutilization of Outdoor Living Spaces:Findings from the International Casual Furnishings Association report on outdoor space utilization.Consumer interest in upgrading outdoor living areas with furniture, lighting, and accent pieces.Emerging trends such as outdoor kitchens and eco-conscious designs.Performance of Bedroom Furniture:Challenges faced by the bedroom furniture category in the current economic climate.Strategies adopted by manufacturers to add value and maintain market share.Forecasted trends and demand for multifunctional and customizable bedroom furniture.Ethan Allen's Expansion in New Jersey:Announcement of Ethan Allen's new showroom in Watchung, NJ, marking its seventh store in the state.Overview of Ethan Allen's strategic growth and its standing in the industry.Conclusion:Recap of the episode's key discussions on sales challenges, consumer confidence, retail space, mergers and acquisitions, tariff extensions, outdoor living spaces, bedroom furniture, and Ethan Allen's expansion.Stay informed and ahead of the curve by subscribing to Furniture Industry News.Thank you for listening and join us in the next episode for more in-depth coverage and insights.

Welcome to Furniture Industry News, your essential update on the latest trends and developments in the furniture sector. Today's episode covers groundbreaking research on consumer support for local businesses, mixed first-quarter earnings reports, the impact of rising container rates on the supply chain, Sherwin-Williams' new AI-powered color selection app, GigaCloud Technology's response to short-seller claims, and Memorial Day sales providing a boost to the market. Whether you're a retailer, manufacturer, or industry analyst, this episode is packed with valuable insights to keep you up-to-date with what's happening in the furniture world.Key Topics Covered:1. Americans' Commitment to Supporting Local Businesses:New research shows over 65% of Americans frequently visit local main streets, willing to spend nearly $2,000 more in 2024 to support local businesses.Younger generations, especially Gen Z and Millennials, are driving this trend, with 85% of Gen Z shopping locally several times a month.This shift in consumer priorities is influencing political decisions, with 85% of Americans considering small business support important when voting.2. Mixed First-Quarter Earnings Reports:First Dibs reports a modest profit rise despite lower revenues; Macy's beats Q1 expectations with its "Bold New Chapter" strategy.Aaron's Co. and Arhaus face challenges but remain cautiously optimistic about future growth.Mattress Firm and Sleep Country Canada experience income drops, while Walmart and Wayfair report encouraging trends.Suppliers and manufacturers like GigaCloud and Dorel Industries show revenue gains, while Leggett & Platt struggles with a significant income plunge.3. Impact of Rising Container Rates on the Supply Chain:Spot ocean container rates have surged by 46% in three weeks, affecting all trade routes and causing supply chain disruptions.Factors include increased demand from North American importers and port congestion in Asia and Europe.Experts warn that unless congestion is controlled, rates could escalate further, impacting manufacturing timelines and pricing strategies.4. Sherwin-Williams' AI-Powered Color Selection App:The new Sherwin-Williams Color Expert app offers personalized color recommendations by analyzing images of users' spaces.Users can visualize over 1,000 colors in real-time, order color samples, and access the full Sherwin-Williams color catalog.The app aims to simplify the color selection process for both professional designers and DIY enthusiasts.5. GigaCloud Technology's Response to Short-Seller Claims:GigaCloud counters allegations of misrepresented website traffic and revenue manipulation made by Grizzly Research.CEO Larry Wu and President Iman Shrock emphasize the transparency and legitimacy of their business model and transactions.The company defends its operations and asserts measures to protect shareholder interests against stock market manipulation.6. Memorial Day Sales Boost to the Furniture Market:Retailers like American Furniture Warehouse, Gallery Furniture, City Furniture, La-Z-Boy, Ashley Furniture, Havertys, Rooms To Go, and Nebraska Furniture Mart offer significant discounts and promotions.These sales events are revitalizing consumer interest and driving purchase activity, providing a much-needed boost to the market.Thank you for tuning into this episode of Furniture Industry News. Subscribe to our podcast to stay updated on the latest trends, market developments, and industry insights. Until next time, take care and stay inspired!

In this episode, Pete sits down with Brent Batterman, a seasoned professional with over twenty years of experience in the mattress industry. Renowned for his expertise in training and leading sales teams, Brent shares insights into successfully launching new products and brands during his tenure at Mattress Firm. Notably, he pioneered the first waterfall system in collaboration with finance companies, significantly boosting approval rates and enhancing the in-store customer experience. Today, retailers worldwide continue to reap the benefits of Brent's innovative approach, making this episode a must-listen for anyone in the retail industry seeking to elevate their sales strategies.   Don't miss out on Brent's wealth of knowledge and expertise as he shares valuable insights and practical tips for navigating the dynamic landscape of the mattress industry and driving business growth. Tune in to learn how innovative strategies can revolutionize your approach to sales and customer experience, directly from one of the industry's most respected veterans.  

Episode Overview:In this episode of Furniture Industry News, we explore the latest trends and stories from the dynamic world of furniture, focusing on the evolving preferences in upholstery, the anticipated buying plans for sofas and sectionals, the balance between personalization and privacy in consumer interactions, the revolutionary impact of machine-washable rugs, the strategic shifts due to mergers and acquisitions in the bedding industry, and the resurgence of dining furniture as a primary focus for consumers.Key Points Discussed:Evolving Furniture Sizes:Shift from one-size-fits-all to furniture that adapts to life stages and space requirements.Spotlight on the Elipse sectional and Tiny sofa as examples of products catering to different living spaces.Senior demographic's influence on the upscale furnishings market.Buying Plans for Sofas and Sectionals:36% of consumers plan to purchase within the first half of the year, with young consumers showing significant interest.Preferences on motion vs. stationary, leather vs. fabric, and in-store vs. online purchasing highlighted.Personalization vs. Privacy:Consumer comfort with personalization has limits; overly targeted ads can feel intrusive.Positive reception for personalized communication like bespoke birthday offers and suggestions based on past purchases.Machine-Washable Rugs:Introduction and adoption of machine-washable rugs by companies like Ruggable, Surya, and Loloi Rugs.Appeal to families and pet owners looking for practical and stylish home solutions.Mergers and Acquisitions in the Bedding Industry:Notable mergers including Tempur Sealy International and Mattress Firm, and Ashley Home's acquisition of Resident Home.Strategic implications and future outlook for the bedding market.Resurgence of Dining Furniture:Increased consumer spending on dining furniture over bedroom furniture.Innovations in dining furniture design and functionality, including space-saving and multipurpose features.

EPISODE 106 | Suffer the Children – Pizzagate, Wayfair & the Seeds of QAnon "Without a clear indication of the author's intent, it is difficult or impossible to tell the difference between an expression of sincere extremism and a parody of extremism." In the world of the internet, this is known as Poe's Law, and it's especially applicable to the weird narrative Gordian Knot known as Pizzagate. The adage applies not just to how absurd some beliefs are, but also to the arguments made by people who hold these beliefs. First formulated in 2005 by Nathan Poe, it builds on a 2001 quote by Alan Morgan called Alan's 2nd Law of Newsgroups, which states, “Any sufficiently advanced troll is indistinguishable from a genuine kook.” And that is certainly the case for the wild story that “a hipster-heavy pizza parlor” (as they put it on their website) in the Chevy Chase neighborhood of Washington D.C. is not just a fun family place with pizza, ping pong and live music, but the nerve center for an diabolical child trafficking ring that operates out in the open because they are protected by highly-placed pedophiles in the Democratic party. As an article on Cracked.com puts it, “This is supported by lots of very stupid evidence”. The stakes of the fake narrative are so high that it's become more than just true believers review bombing the place. Workers have been harassed and, on December 4, 2016, a heavily armed man entered the restaurant and started firing guns. The story of Pizzagate is the story of how the conspirasphere went from harmless kookery to being actually, physically dangerous. TRIGGER WARNING: Some pretty disturbing things will be talked about in this episode, so if the subject of child sexual abuse and trafficking is deeply uncomfortable for you, perhaps you should not listen. I mean, it should be uncomfortable to anyone, but you know what I mean. Like what we do? Then buy us a beer or three via our page on Buy Me a Coffee. #ConspiracyClearinghouse #sharingiscaring #donations #support #buymeacoffee You can also SUBSCRIBE to this podcast. Review us here or on IMDb! SECTIONS 03:11 - A note, pedophilia is a mental disorder, victims suffer for many years, how do we handle this problem? 06:31 - How it all began: Hillary Clinton's emails, John Podesta, Anthony Weiner and Huma Abedin; "Carmen Katz" makes allegations, "David Goldberg" shares and extends these 08:46 - Side note: "Carmen Katz" is Cynthia Campbell, "David Goldberg" is an anti-Semitic fake profile; Amanda Rob finds Borce Pejcev in Macedonia, a fake news click bait ecosystem, it really all began with Doug Hagmann of Eerie, PA 12:35 - Russian hackers Fancy Bear, APT28 and Sofacy use "spear phishing " attacks 13:30 - Pedo codes on 4chan: pizza, cheese, hot dogs, dominos and handkerchief codes; Comet Ping Pong gets targeted 16:30 - DumbScribblyUnctious see all sorts of things - murals, art, logos, musical acts and more; Pizzagaters talks of aliens, the Illuminati, Satanic rituals and Arun Rao; Susan Alefantis knew a pedophile, Tony "pasta obsession" Podesta knew Dennis Hastert, another pedophile, and also collects art (including some by Rachel Rose); Amanda Kleinman (Majestic Ape) of Heavy Breathing performs at Sasha Lord's birthday party and "secret pizza" is maybe mentioned, the film "Automatic At Sea", the Clinton Foundation in Haiti, Alex Jones issues a "bulletin" 25:49 - #pizzagate soars, Comet Ping Pong gets hassled, Turkey's Erdoğan jumps on the story, InfoWars spearheads the narrative, fake images proliferate, artists and musicians also harassed, it might all have been coordinated; other businesses (especially pizza places) get targeted, like Roberta's in Brooklyn and East Side Pies in Austin, TX 30:33 - Edgar Maddison Welch storms Comet Ping Pong with guns, InfoWars apologizes, then retracts the apology; white supremacist Jack Posobiec says Welch is a crisis actor; neo-Nazi pubs the Daily Stormer, the Right Stuff and Smoloko News continue the Pizzagate narrative 35:07 - Canadian Andrew Richmond's ice cream shop Sweet Jesus gets the #PedoGate treatment 36:15 - Portland, Oregon's Voodoo Donuts gets the same treatment thanks to talentless poet VeganMikey (Michael Whelan); #donutgate starts trending, building on a previous #donutgate when Ariana Grande and Ricky Alvarez licked food at Wolfee Donuts; Big League Politics's "research organization" Pedo Takedown Crew funds a coordinated harassment campaign and expand the narrative, adding tunnels, schools, and child-smiggling submarines 41:35 - In England, recreational troll Oliver Redmond targets Paul Cheape's vape shop business 43:32 - Mattress Firm gets targeted 45:32 - Frazzledrip: a very nasty fake video (trigger warning - seriously, it's really nasty), QAnon terms "adrenochrome" and "spirit cooking" get added to the Pizzagate lexicon 47:56 - PrincessPeach1987 kicks of the Wayfair affair, the now combined Pizzagate and QAnon make a LOT of noise, it's all nonsense and yet there were real consequences for real people, iMGSRC.ru and US Army Staff Sgt. Richard Ciccarella  57:25 - Cybersteria and the very first QAnon 4chan post Music by Fanette Ronjat More Info Pedophilia defined on Psychology Today Crimes against Children Research Center Facts and Stats About Child Sexual Abuse The possible long-term effects of experiencing child sexual abuse Long-term Effects of Child Sexual Abuse and Molestation on Helping Survivors A review of the long-term effects of child sexual abuse on the National Library of Medicine website Child Molesters: A Behavioral Analysis paper Sexuality of Offenders on the Zero Abuse Project Facts About Homosexuality and Child Molestation by Gregory Herek Everything You Need To Know About Pizzagate (Is Insane) on Cracked.com Pizzagate on RationalWiki Pizzagate: A slice of fake news on Reveal Anatomy of a Fake News Scandal in Rolling Stone Anthony Weiner breaks down after he's sentenced to 21 months for sexting on ABC News How The Bizarre Conspiracy Theory Behind "Pizzagate" Was Spread on BuzzFeed How Hackers Broke Into John Podesta and Colin Powell's Gmail Accounts on Vice Comet Ping Pong - Pizzagate Summary by DumbScribblyUnctious How Pizzagate went from fake news to a real problem for a D.C. business on PolitiFact 'It's a form of addiction' - Tony Podesta's art addiction article in The Guardian Rachel Rose - Aubade: Grendel's Mother (live reading) video Pizzagate, the fake news conspiracy theory that led a gunman to DC's Comet Ping Pong, explained on Vox Pizzagate gunman recorded video for daughters, said he's standing up for children on CBS News Death threats, abuse, then a gunman: 'Pizzagate' businesses relive ordeal in The Guardian  Pizzagate: Gunman fires in restaurant at centre of conspiracy on BBC News What to Know About Pizzagate, the Fake News Story With Real Consequences in Time 'Pizzagate' gunman pleads guilty as conspiracy theorist apologizes over case Is Comet Ping Pong Pizzeria Home to a Child Abuse Ring Led by Hillary Clinton? on Snopes Dissecting the #PizzaGate Conspiracy Theories in the New York Times A Moral Panic for the Age of Trump: “Pizzagate” is the latest in a long line of child-sex-ring myths on Slate The PizzaGate Gunman's Paranoid Rescue Fantasy Comes from a Long American Tradition on Reason 'There's Nothing You Can Do': The Legacy of #Pizzagate on SPLC Secret message board drives 'pizzagate'-style harassment campaign of small businesses on NBC News When Nerds Attack - Gamergate, Elevatorgate & Sad Puppies episode Voodoo Donuts website Voodoo Doughnut Gets Sucked Into Outrageous Far-Right Conspiracy Theory on Eater Wolfee Donuts Pressing Charges Against Ariana Grande Donut-Gate on Ariana Grande fandom wiki Vegan Mikey - bad poet and troll  #Donutgate: How one Oregon donut shop became the target of online conspiracy theorists on Salon Connecting the Dots Between Donutgate and Pizzagate Man jailed for falsely branding a businessman a ‘dirty paedophile' The Great Mattress Conspiracy: Why Are There So Many Mattress Firm Stores Why Are There So Many Mattress Stores? A wildly popular conspiracy theory about why there are so many Mattress Firm stores is starting to sound less crazy Mattress Firm responds to the wild conspiracy theory about its business that people are going crazy over The Mattress Firm Conspiracy: An Analysis The Mattress Firm Money Laundering Conspiracy Theory on Snopes What Is Frazzledrip? Fake Hillary Clinton Video Builds on Pizzagate Conspiracy Theory in Newsweek Frazzledrip: Is a Hillary Clinton 'Snuff Film' Circulating on the Dark Web? on Snopes Hush Supper Club Full Frazzledrip video (WARNING) Claims that pizza listings on Etsy are selling child pornography are baseless Reddit post that kicked off Wayfair conspiracy theories Outrageously Priced Wayfair Cabinets Lead to Human Trafficking Conspiracy Kids Shipped in Armoires? The Person Who Started the Wayfair Conspiracy Speaks in Newsweek Wayfair: The false conspiracy about a furniture firm and child trafficking on BBC News Baseless Wayfair child-trafficking theory spreads online on AP The bizarre story of how internet conspiracy theorists convinced themselves Wayfair is trafficking children on CBC News A US soldier working at Mar-a-Lago uploaded photos of an underage girl to a Russian website — a closer look at the site reveals a horrific underworld A US Army soldier who worked at Trump's Mar-a-Lago resort uploaded photos of an underage girl to a Russian website, prosecutors say How a reporter found the true story behind a false story of sex trafficking Is Wayfair Trafficking Children Via Overpriced Items? on Snopes MISSING IN KANSAS: Anabel Wilson no longer missing How A QAnon Conspiracy Theory Involving A Wayfair Pillow Left A Metro Detroit Teen Struggling A girl falsely believed to be a victim of the fake Wayfair sex-trafficking ring says she had hives, lost sleep over the conspiracy theory A QAnon con: How the viral Wayfair sex trafficking lie hurt real kids Human Trafficking Rumors: Viral Stories That Do More Harm Than Good at the Polaris Project The Storm Is the New Pizzagate — Only Worse Follow us on social: Facebook Twitter Other Podcasts by Derek DeWitt DIGITAL SIGNAGE DONE RIGHT - Winner of a 2022 Gold Quill Award, 2022 Gold MarCom Award, 2021 AVA Digital Award Gold, 2021 Silver Davey Award, 2020 Communicator Award of Excellence, and on numerous top 10 podcast lists.  PRAGUE TIMES - A city is more than just a location - it's a kaleidoscope of history, places, people and trends. This podcast looks at Prague, in the center of Europe, from a number of perspectives, including what it is now, what is has been and where it's going. It's Prague THEN, Prague NOW, Prague LATER  

Struggling to fall asleep or stay asleep?  You're not alone! This video dives deep into the 3-2-1 rule, a powerful tool for optimizing your sleep and waking up feeling refreshed and energized.Here's what you'll learn:➡️The importance of quality sleep and its impact on your health and well-being.➡️Common causes of sleep problems and how to identify them.➡️The 3-2-1 rule explained: Simple steps to create a pre-sleep routine that promotes restful sleep.➡️Morning rituals for boosting energy and alertness.➡️The surprising truth about caffeine and its effect on sleep (including the science behind it!).Take control of your sleep and start reaping the benefits of a good night's rest!Like this video? Subscribe for more tips on health, wellness, and living a fulfilling life!Resources mentioned in this video: ➡️https://ownitsleep.com➡️https://thepowerofownershipbook.com➡️https://join.whoop.com----------------------------------------------------------------------------The Power of Ownership Book: pre-order link https://thepowerofownershipbook.com/Let's connect: Instagram: https://www.instagram.com/justinroeth/ LinkedIn: //www.linkedin.com/in/justin-roethlingshoefer-ms-7252a766/ Own It Success is different so own your different!

Welcome to 'Furniture Industry News,' the premier podcast by FurniturePodcast.com, designed for professionals in the furniture world. Today's episode is a deep dive into the currents shaping the furniture industry. Join us as we explore everything from market optimism and consumer behavior to strategic corporate maneuvers and the latest in retail software innovations. Here's what we've got lined up:1. Housing Market Optimism:Overview of the Fannie Mae Home Purchase Sentiment Index (HPSI) and its implications for the furniture industry.Analysis of the sellers' market confidence and the impact on furniture sales with new homeowners furnishing their spaces.2. The Influence of Younger Consumers:Consumer Insights Now reports a significant demographic shift towards Gen Z and millennial buyers in the furniture market.The rise of showrooming and preferences for customized home interiors among younger demographics.3. Navigating ERC Fund Delays:The challenges furniture retailers face due to delays in receiving Employee Retention Credit funds.Advice for retailers considering alternative funding options during financial strains.4. Supply Chain Adaptations:Insights into how the furniture industry is managing supply chain disruptions, including strategic rerouting around the Cape of Good Hope.The expected impact on furniture supply and demand with ongoing global logistic challenges.5. Beyond Inc.'s Strategic Acquisition:Details on Beyond Inc.'s acquisition of Zulily and its potential to reshape the off-price market segment.The integration's expected impact on vendor inventory rotations and customer engagement.6. Closing of Pacific Coast Lighting:Lamps Plus' decision to focus more on e-commerce and retail operations, leading to the closure of Pacific Coast Lighting.Implications for the lighting industry and potential opportunities arising from this strategic shift.7. Storis Retail Software Update:Introduction of loyalty program features in Storis' retail software suite to enhance customer retention for furniture retailers.Discussion on how this update could change the way retailers engage with their customers and drive sales.8. Financial Roundup:A closer look at the financial performances of key industry players like Mattress Firm, Arhaus, Sleep Country Canada, Culp, and Big Lots.Analysis of strategic initiatives and their financial health in the context of current market dynamics.Conclusion:Recap of the crucial insights shared in today's episode and the importance of staying informed in a fast-evolving industry.Thank You for Listening:Your engagement and feedback fuel our community. Share your thoughts and join the conversation. Stay tuned for more insights that keep you ahead in the furniture industry.Visit us at FurniturePodcast.com for more episodes and in-depth analysis tailored for furniture industry professionals.

Segment 1: Presidents Day Sales RecapDiscuss the mixed results of Presidents Day sales, highlighting innovative strategies and challenges faced by retailers.Spotlight success stories like Providence Enterprises and discuss the significance of bedding sales in the overall performance.Segment 2: Challenges of 2023 and Economic OutlookAnalyze the challenges faced by furniture retail in 2023, including a softening in consumer demand post-pandemic.Discuss the impact of changing consumer trends, economic factors, and the shift in furniture sales.Segment 3: Bedding Segment ForecastDelve into the projections for the bedding segment in 2024, exploring insights from the International Sleep Products Association.Discuss the earnings reports of major mattress industry players, Leggett & Platt and Tempur Sealy International.Segment 4: Consumer Behavior in Mattress BuyingShare anecdotes illustrating diverse consumer preferences in mattress buying, emphasizing the impact of marketing messages and promotions.Discuss the complexity of pricing strategies and the balance between cost, quality, and brand loyalty.Segment 5: Young Consumer Trends and Economic OptimismExplore the optimistic outlook of younger consumers, particularly Millennials and Gen Z, in the face of economic challenges.Analyze survey findings on their views regarding the cost of living, job security, and economic prospects.Segment 6: Antidumping Duties and Industry ReshapingUnpack the implications of the U.S. Department of Commerce's antidumping duties on the mattress industry.Discuss the strategic moves by companies like Artaban and Kuka to adapt to these measures.Segment 7: Industry Consolidation and Tempur Sealy's AcquisitionDive into the potential consequences of Tempur Sealy's acquisition of Mattress Firm on retail partnerships and competitive landscapes.Discuss the reactions and concerns among retailers, manufacturers, and industry insiders.

The recently held earnings call for Tempur Sealy International, Inc. shed light on the company's performance in an unpredictable market. CEO Scott Thompson encapsulated the current market conditions quite accurately - without overselling the situation, he pointed out that the signals are mixed, but the company is managing to hold its steady course. How Tempur Sealy has managed to stay atop these waves of uncertainty is primarily due to its intentional focus on launching new products and expanding its production capabilities. This strategy has helped the company maintain a distinct edge over its competition by capturing a larger share of the market and propelling growth in sales. Some of the products that have kept Tempur Sealy in the forefront include timber mattresses, TEMPUR-breeze, and the Stearns & Foster portfolios. Another important part of Tempur Sealy's success lies in its strategic diversity and growth investments. By expanding its collection of products and launching innovative solutions, the company has been able to create mass appeal among a variety of consumers, paving the way for an increase in sales. One more contributory factor to Tempur Sealy's growth is its hefty investment in direct-to-consumer channels, along with its strong online presence. In an era where online shopping is the norm, the company's emphasis on e-commerce has helped to significantly expand its target audience, thereby boosting sales. Tempur Sealy appears to have a clear vision moving forward. Its plans include decreasing its financial leverage while finalizing the acquisition of Mattress Firm, aiming to fortify its standing in the market even more. What's more, there's anticipation around the introduction of the next-generation Adapt products in 2024, a clear indicator of the company's dedication to staying ahead through innovation. In conclusion, it's clear to see that the financial strongholds of Tempur Sealy can be traced back to its tactical focus on new product launches, diversification, and expansion of its manufacturing capacities. Moreover, the company's unwavering investments in growth initiatives have continuously stamped its authority as a global leader in the bedding industry, able to navigate through and adapt to the ever-changing market trends. TPX Company info: https://finance.yahoo.com/quote/TPX/profile For more PSFK research : www.psfk.com  This email has been published and shared for the purpose of business research and is not intended as investment advice.

Have you ever slept on a mattress before? Have you ever questioned whether or not your comfortable sleeping mat was part of a money laundering scandal? Well, this is what many conspiracy theorists believe is happening with this popular mattress company, Mattress Firm. We often see multiple store fronts within a localized area, even up to five in a one mile radius in certain cities. You may also note that these store fronts are normally empty but yet are always having large sales. The parent company for these stores has also been confirmed to be involved in financial crimes within the last decade. Is this an innocent mattress business or are they hiding something? Are they hiding a money laundering scandal?Source Materials and Additional ContentSupport the showTheme song by INDA

Major mattress industry shakeups are afoot!! This week on the show, retail wizard Brandon Hufstetler breaks down the implications of the recent Mattress Firm and TSI merger and shares strategies for retailers to thrive amidst the turmoil. The merger consolidates two mattress retail powerhouses, signaling a new era. What does this deal mean for other industry players? Brandon suggests a "wait and see" approach before making big changes. Monitor the merger's impact first. Be ready to reevaluate your unique value proposition and strengthen customer experience. Mark and Brandon also explored the growing role of AI and automation in retail. Though new technologies present challenges, applied strategically they provide opportunities to improve operations and serve customers better. Retailers who leverage data and tech wisely will maintain an edge. Takeways The merger between Mattress Firm and TSI has significant implications for the mattress industry and retailers. Retailers should wait and see how the merger impacts their business before making any drastic changes. Retailers need to reevaluate their unique selling propositions and focus on providing value to customers. AI and automation can provide a competitive advantage for retailers in the evolving retail landscape. Chapters 00:00Introduction to the Mattress Firm and TSI Merger 02:10Brandon's Experience at TSI 04:07Brandon's Transition to Autonomous Retail Technology 05:04The Impact of AI on Business 06:23The Potential Impact of the Mattress Firm and TSI Merger 09:05Considerations for Retailers in the Wake of the Merger 11:22Negotiating Contracts in Light of the Merger 17:17The Impact of Reduced Advertising Spend on Category Awareness 18:01The Potential Effects of Map Pricing Increases 27:06Reevaluating Unique Selling Propositions 31:54The Importance of AI and Automation in Retail 35:08Using AI to Gain a Competitive Advantage 35:36Conclusion and Takeaways --- Send in a voice message: https://podcasters.spotify.com/pod/show/sleepsummitshow/message

On this week's episode, Bridget has a bummer life update to share... she lives in a robe now and will be taking no further questions at this time. Colleen recaps us on her Halloween weekend and how she peed on a rollercoaster and loves scaring the crap out of grown ass men! Then we get into the topic of the week.... CONSPIRACY THEORIES! Bridget covers the conspiracies behind the Titanic sinking (or did it?!) and the "Birds aren't real" movement. Colleen covers the possibility that Tupac is alive and Mattress Firm being a money laundering scheme. Why are there so many of them!?!? Bridget ends with a game of "annoying inconveniences I wish on people" and some positive stories of the week (we needed it). If you see Bridget at a strip club or selling pictures of her feet on the internet... MIND YA BUSINESS!!! #ScoopDogg #Parent Sources:The Craziest Titanic Theories Explained - HistoryIs Tupac Alive? - The Virginian PilotThe Conspiracy Theories Around Tupac's Death - Bleu MagazineBirds Aren't Real? How A Conspiracy Takes Flight - TedTalkBirds Aren't Real, or Are They? Inside a Gen Z Conspiracy Theory - The New York TimesThe Great Mattress Conspiracy: Why Are There So Many Mattress Firm Stores? - wburWikipediaPositive Stories of the Week: Kindhearted Trick or Treaters Help Little Girl With Cancer - Update!Dinner Club With Older Neighbor Review and subscribe! You can find us on Instagram @Sippinwiththeshannons or send us your stories at Sippinwiththeshannons@gmail.com. Love you, mean it.

Timecodes: 02:00 - The Dozen 07:40 - NFL 09:43 - Ryder Cup 16:57 - CFB TV Ratings 18:30 - Surviving Barstool 27:33 - Producer Search 30:49 - Aftershow Links: https://twitter.com/NYJetsTFMedia/status/1706414923486515613?s=20 https://twitter.com/iamSauceGardner/status/1706364576730669141?s=20 ++++++++++++++++++++++++++++++++++++++ Support our Sponsor! Visit a store near you or go to https://MattressFirm.com. The Right Mattress Matters, Mattress Firm will find yours. ++++++++++++++++++++++++++++++++++++++ Check out Barstool Sports for more: http://www.barstoolsports.com Follow Barstool Sports here: Facebook: https://facebook.com/barstoolsports Twitter: https://twitter.com/barstoolsports Instagram: http://instagram.com/barstoolsportsYou can find every episode of this show on Apple Podcasts, Spotify or YouTube. Prime Members can listen ad-free on Amazon Music. For more, visit barstool.link/barstoolrundown

Where's the beef? ONLINE! Taylor Lorenz joins the Court this week to help clear the docket and talk about ONLINE BEEFS! Taylor is a tech journalist and author of the new book Extremely Online: The Untold Story of Fame, Influence, and Power on the Internet. Judge Hodgman and Guest Bailiff Jean Grae consult Taylor on all things online: talking back within local restaurant reviews, intentional mistakes to drive engagement, meeting your troll IRL, wiki editing, and much more!Judge John Hodgman's Van Freaks Roadshow has begun! Visit vanfreaksroadshow.com for ticket links, other dates, cities, and more information! And SUBMIT YOUR CASES along the tour route at maximumfun.org/jjho!

Timecodes: 00:00 - Start 02:35 - Monday Night Football 06:53 - Mel Tucker Fired 10:26 - Lost Military Plane 18:39 - Naked Bills Fan 21:18 - Xavien Howard 23:23 - IG Model on Plane 27:01 - Aftershow Links: https://www.barstoolsports.com/blog/3484893/miami-dolphins-star-cornerback-xavien-howard-allegedly-got-4-women-pregnant-at-the-same-time https://www.barstoolsports.com/blog/3484951/a-buffalo-bills-fan-was-found-naked-in-a-hole-covered-in-human-excrement-near-bills-stadium-during-their-home-opener-sunday https://www.barstoolsports.com/blog/3484780/ig-model-got-pissed-off-on-a-flight-so-she-let-the-entire-plane-know-how-famous-she-is-on-instagram +++++++++++++++++++++++++++++ Support our Sponsors! BODYARMOR Available in stores nationwide but you can head on over to the BODYARMOR Store on Amazon at https://barstool.link/BODYARMOR & get yours today! Mattress Firm Visit a store near you or go to https://MattressFirm.com. The Right Mattress Matters, Mattress Firm will find yours. +++++++++++++++++++++++++++++ Check out Barstool Sports for more: http://www.barstoolsports.com Follow Barstool Sports here: Facebook: https://facebook.com/barstoolsports Twitter: https://twitter.com/barstoolsports Instagram: http://instagram.com/barstoolsportsYou can find every episode of this show on Apple Podcasts, Spotify or YouTube. Prime Members can listen ad-free on Amazon Music. For more, visit barstool.link/barstoolrundown

High Noon Visit highnoonspirits.com before your next tailgate to find a pack near you. Mattress Firm Visit a store near you or go to MattressFirm.com. The Right Mattress Matters, Mattress Firm will find yours.You can find every episode of this show on Apple Podcasts, Spotify or YouTube. Prime Members can listen ad-free on Amazon Music. For more, visit barstool.link/barstoolrundown

Getting quality sleep as a parent may be one of the tougher parts of being, well a parent. Join hosts Katie Lowes and Adam Shapiro as they learn about achieving good, quality sleep for both children and parents. Dr. Jade Wu, a behavioral sleep medicine specialist at Duke University, shares tips on how parents can make sure they get good sleep themselves despite changing sleep patterns as children age. Pediatric sleep consultant Meg from Infinite Connection explains how babies and toddlers sleep better when feeling safe alone in their own beds.  “Chasing Sleep” is a production of Ruby Studios from iHeartMedia in partnership with Mattress Firm.See omnystudio.com/listener for privacy information.

In this episode of “Chasing Sleep,” Co-hosts Katie Lowes and Adam Shapiro delve into the fascinating world of dreams to uncover what we know – and don't know – about what happens to our brains when we sleep. Katie and Adam reveal some of their own dreams to guest Justina Lasley, author of “Wake Up to Your Dreams,” and are amazed to discover how their dreams' meaning may be connected to events, emotions, and concerns in their conscious lives. Plus, preeminent dream researcher Robert Stickgold explains why we dream and how important it is to our memory consolidation and learning. “Chasing Sleep” is a production of Ruby Studios from iHeartMedia in partnership with Mattress Firm.See omnystudio.com/listener for privacy information.