Bernards steps down as Purple Mattress CEO

ALPINE, Utah — Purple Innovation, a comfort technology company known for creating the “World’s First No Pressure Mattress,” has announced that Sam Bernards has stepped down as CEO in order to pursue other opportunities.

Terry Pearce, co-founder and chairman of the board of directors, will serve as interim CEO until a permanent replacement is found.

“On behalf of the entire board, I want to thank Sam for his numerous contributions to Purple’s recent success,” said Pearce. “Under Sam’s leadership, we dramatically expanded our sales, operations and brand awareness, strengthened our executive team, and completed our transition to a public company. With Sam’s help we have built a strong foundation for future growth and we believe that the organization is well positioned to continue executing our strategic plans.

Mattress Firm Changes

HOUSTON — Mattress Firm, the nation’s largest bedding specialty retailer, is taking a regional approach to its business and has made a number of other changes, parent Steinhoff International says.
In its report on Mattress Firm’s performance in the quarter ending Dec. 31, Steinhoff said the company has undertaken a review of its management and its operations.

Mattress Firm’s operational structure “has been restructured into five separate geographical areas, allowing divisional leadership to implement regional strategies to better respond to their respective markets,” Steinhoff said.

It added: “There have also been a number of changes at senior and middle management levels to reposition the business.”
Since the acquisition of Mattress Firm in September 2016, the group decided to accelerate its long-term strategy in the U.S. bedding market, Steinhoff said.
It said that Mattress Firm has completed the rebranding of all stores under the Mattress Firm banner. Since the acquisition, 1,369 stores — approximately 40% of the total store estate — have been rebranded to capitalize on the benefits of a national chain, including national advertising and purchasing scale, Steinhoff said.
It noted that Mattress Firm exited its supply agreement with its previous largest supplier and entered into a five-year strategic partnership agreement with Serta Simmons Bedding, “the largest mattress manufacturer in the U.S.”
And it said it had acquired an 80% interest in Sherwood Bedding, a U.S. mattress manufacturer, “to help implement the vertical integration model.

Mattress Firm Closing more Stores….

HOUSTON – Mattress Firm’s revenues declined 16% in the quarter ending Dec. 31, parent Steinhoff International reported.
“Fundamental changes” at the company have had “a short-term negative impact on the business,” Steinhoff said. Like-for-like sales were down 10% in the quarter, largely driven by lower average unit selling prices. Like-for-like unit sales for the group declined by 3%, the company said.

Mattress Firm closed 99 stores in the quarter, the first quarter of Steinhoff’s financial year, while eight stores were opened.

“Management aims to close approximately 175 stores and open 75 new stores (inclusive of the store movements in the first quarter) during the 2018 financial year,” the company said. That would be a net store closing of 191 units.
Mattress Firm’s management has identified that the change in its major supplier “has resulted in gaps in the product range that are being urgently addressed,” the company said.
It said that trading conditions have been “negatively impacted by adverse weather conditions in several regions and a shift in the U.S. market, with the mattress online channel continuing to gain market share.”
The company also said that the rebranding of legacy store banners Sleepy’s and Sleep Train put “downward pressure” on the like-for-like sales, primarily in the East and West Coast markets. “Management’s expectations (based on past trends) are that it takes approximately 18 months for consumers to adopt these new brands,” Steinhoff said.
It said Mattress Firm is focused on “optimizing its store estate in an effort to right-size the overall estate and reduce the number of under-performing stores.”

Sad day for Ilitch Family, prayer’s to them…

TROY, MICH. – The Ilitch family said Friday that it is mourning the death of Ronald Ilitch, one of the seven children of Mike and Marian Ilitch.
The family’s statement, issued about 5:15 p.m., followed news reports that Ron Ilitch, 60, was found dead in the Troy Marriott on Big Beaver of a suspected drug overdose.
Troy police told the Free Press that the agency is investigating a suspected overdose-related death in the hotel, but have yet to release the identity of the person, who was found earlier Friday.
“On behalf of my mother Marian Ilitch and our entire family, I want to express our sadness and grief at Ron’s passing,” said Christopher Ilitch, president and CEO of Ilitch Holdings. “We’re devastated about this loss, and we ask for respect of the family’s privacy during this difficult time.”
Ron Ilitch had a history of personal struggles and run-ins with the law, including a 2014 misdemeanor cocaine conviction. He was not involved in running the family’s many businesses, which include Little Caesars pizza and ownership of the Detroit Tigers and Red Wings.
Mike Ilitch died Feb. 10, 2017, at 87 years old.

Art Van was the best in are business!

DETROIT (WWJ) – The founder of Art Van Furniture stores, Art Van Elslander has died, a spokesperson has confirmed.

Art Van Elslander (credit: Identity PR)
He was 87 years old.
Kim Yost, president and CEO of Art Van Furniture, said Van Elslander fought a battle with lung cancer, and passed away surrounded by his family.

Chairman and founder of Art Van, Van Elslander opened his first store on Gratiot Ave. at 10 Mile in Detroit in 1959. Currently, the company — which was sold to a private equity firm in 2017 — operates more than 100 stores in five states, employing 3,500 people.
“He was a dreamer, and a big dreamer at that,” Yost said, at a news conference Monday. “For all of us that know his story, he started from incredibility humble beginnings; and part of his legacy is that for all of us here in the state of Michigan, when you have a dream, and you stay focused and impassioned on it, and when you go together with the team that we did at Art Van, amazing things can happen.”
Equally known for his philanthropy, Van Elslander was credited with saving Detroit’s then-struggling Thanksgiving Parade, when in 1990 he wrote personal check for $200,000, saving the parade from the brink of cancellation and keeping the tradition alive.
“(He was) just a great man,” the Parade Company’s Tony Michaels told WWJ’s Roberta Jasina. “Today that sponsorship lives on…This is just such a tough loss, but we were so lucky to have Art in our lives.”
Detroit Mayor Mike Duggan offered high praise for a man whom he said will be terribly missed and fondly remembered. In a statement, Duggan said furniture may have been Van Elslander’s business, but Detroit always has been his heart.

“Art’s kindness and generosity seemed to have no limits,” Duggan said. “Thanks to his support, families across metro Detroit and the nation are able to share in the annual tradition of America’s Thanksgiving Day Parade. Our premature and critically-ill newborn babies are being given the best chance at a healthy life at the Mary Ann Van Elslander Neonatal Intensive Care Unit at St. John Hospital & Medical Center. And his extraordinary pledge of $20 million for the Solonus Casey Center will help to revitalize another city neighborhood.”
The mayor of Warren, where Art Van’s headquarter is located, said he will remember Van Elslander as a classy, down to earth guy; an inspiration and an icon who invested much in his community.
“His vision and inspiration created a great company. His altruism was a life long commitment,” Mayor Jim Fouts wrote on Facebook. “He was a great leader who led a successful company. His personal touch and humanity helped to make his company a success.”
Yost believes that much can be learned from Van Elslander’s legacy.
“Build your personal brand,” Yost said. “He was so fastidious and so conscientious about his personal brand. It was one thing to have his name on our stores; it was another thing to have his name on our community. And what he continued to remind us is that we all are a personal brand, so be the best you can be.”

Alexa can adjust Glideaway’s Comfort Base models

LAS VEGAS – Glideaway is introducing a new adjustable base collection under its Comfort Base banner, with some models that are compatible with Bluetooth and Amazon Alexa. Consumers can just ask Alexa to raise their head, lower their feet, or to elevate the base, the company said.
The new models – Mica, Accord, Vesta and Odessa – feature a German-engineered motor, a strong angle iron and steel tubular frame construction, and upscale charcoal upholstery fabric. This new collection is designed for today’s sophisticated consumer and features the latest in technology, officials said.


The Accord, Vesta, and Odessa models are controllable through an app remote and are compatible with Bluetooth and Amazon Alexa through Wi-Fi. Alexa is a cloud-based voice service from Amazon. Alexa is the brain behind Amazon Echo and other Alexa-enabled devices. Using Alexa is as simple as asking a question, and Alexa will respond instantly, officials said.


Glideaway’s Accord Comfort Base model is Alexa compatible.
The wellness benefits of sleeping in elevated positions are widely known in the adjustable base industry but consumers have been forced into sleeping on their backs to receive those benefits. Now side and stomach sleepers in various price ranges can receive those benefits too. The new Comfort Base line offers consumers an optional Elevation Kit on the Accord, Vesta, and Odessa models, the company said.

In the Gold Series, the Mica offers a full range of positions with upper body incline up to 65 degrees and a lower body incline up to 40 degrees with simultaneous head and foot movement. The Accord offers full range of positions with upper body incline up to 65 degrees and a lower body incline up to 40 degrees with simultaneous head and foot movement. A step up from the Mica, the Accord features LED under-bed lighting, two pre-programmed positions, and Sleep Enhancement Technology. The Accord is also compatible with several high-end accessories including the Bluetooth Hub, voice control compatibility through the Wi-Fi Hub, and the Elevation Kit, officials said.
In the Platinum Series, the Vesta offers a full range of positions with upper body incline up to 65 degrees and a lower body incline up to 35 degrees with simultaneous head and foot movement. Created with a wall-hugging design, the Vesta allows for back travel up to 3.5 inches. The Vesta features LED under-bed lighting, two pre-programmed positions, and Sleep Enhancement Technology. While Bluetooth capabilities come standard in this Platinum series model, the Vesta is compatible with various accessories including voice control compatibility through the Wi-Fi Hub and the Elevation Kit, the company said.
Comfort Base’s premium base, the Odessa, rounds out the 2018 collection with several high-end built-in features made for the technology savvy consumer. This Black Series base features a full range of positions with upper body incline up to 65 degrees, a lower body incline up to 35 degrees, and motorized neck tilt with simultaneous head and foot movement. Created with a wall hugging design, the Odessa allows for back travel up to 12 inches. The Odessa features LED under-bed lighting, two pre-programmed positions, Sleep Enhancement Technology, Bluetooth, and voice control compatibility through Wi-Fi, officials said.
Retail pricing for the new Comfort Base collection ranges from $799 to $2,299 in queen.
Glideaway is also introducing six new models to its pillow collection. The new models – Verda, Erta, Alto, Arcus, Asperitas, and Nimbus – are made with CertiPUR–US certified memory foam, and are available in various comfort feels and profile heights.
All six models feature cooling TEMPTEC fabric in sophisticated patterns with sleek contemporary fabric in bold colorways along the side panels. TEMPTEC fabric removes humidity within the sleep environment and provides a cooler sleep surface, the company said.
Made with charcoal infused memory foam, the Verda and Erta are solid core pillows with a low profile. The dual-sided Erta redefines the term “cooler than the other side of the pillow” with a solid TruGel layer on one side. Both provide responsive support, moderately conforming to the head and neck as it settles into the pillow, officials said.
The Alto and Arcus are the collection’s two high profile, shredded core pillows. Both feature TruGel beads that absorb heat and provide maximum cooling, allowing the body to transition into a better night’s sleep. Designed with a comfort curve, the Arcus is curved to conform to the contours of your neck and shoulder and features pieces of plush shredded latex to offer pain-relief. Both Alto and Arcus provide soft yet supportive comfort, officials said.
The collection features two specialty pillows, each with customizable profiles. Sleepers can choose between a low or high profile with the Asperitas, a solid core charcoal infused pillow designed to be CPAP friendly with specifically engineered contoured memory foam. The Nimbus is Glideaway’s first fully customizable pillow. Sleepers can mix and match the plush ventilated memory foam and firm solid core memory foam inserts for a custom feel and varied profile of 4.5 inches or 7.5 inches to create the perfect pillow for any sleep position, the company said.
Retail pricing for the Glideaway’s memory foam collection ranges from $59 to $99 in queen. Glideaway shows in World Market Center C-1537 and C-1558.

BSC survey finds better sleep not a top resolution

ALEXANDRIA, Va. – Getting more sleep is well down on the list of resolutions made by Americans each year, according to a new survey released by the Better Sleep Council.
While just 27% of the 88% of Americans making resolutions said that “getting more/better sleep” is one of their goals for the new year, better sleep would actually help many Americans achieve their goals, BSC officials said.


“Adding better sleep to your list of New Year’s resolutions can make it easier to reach some of the other goals on your list, whether that’s exercise, getting fit, or even losing weight,” said Lissa Coffey, a lifestyle expert and BSC spokesperson. “It seems so simple, but getting adequate rest can positively impact every other part of your life. When you’re well rested, it’s easier to choose healthier foods and to feel energized to exercise.”

Those who reported that they wanted more sleep/better sleep as one their resolutions also reported other health-related goals, including exercising more (69%) and staying fit and healthy (68%), which were the top two selected New Year’s resolutions overall, the BSC survey found.
Also, Americans surveyed who wanted to prioritize sleep in 2018 planned to do so by getting to bed earlier (65%), maintaining a consistent bedtime (62%) and having new nighttime routines (53%). Almost half of those surveyed said they also plan to upgrade their sleep environment by purchasing a new mattress or other bed-related items, the survey found

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