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Each week, we find, curate and share the most relevant bedding and mattress news stories from across the web. Check out what we’re reading and writing about this week.
In The News
EVP Kobylarczyk To Keep Leading MLILY USA: MLILY USA recently announced that Executive Vice President Glenn Kobylarczyk will assume the duties of president while retaining his current role and title. | Sleep Retailer
Some Nectar Premier Mattresses Recalled Over Potential Fire Hazard: Some king- and queen-size Nectar Premier mattresses are being recalled over a potential fire hazard, after failing to pass the federal flammability standard. | CNET
Industry Veteran Named CEO Of Corsicana: Corsicana Mattress Company recently named long-time industry leader Eric Rhea as its new chief executive officer. Rhea is focused on renewing Corsicana’s value proposition as the means to continue the company’s dramatic growth. | Sleep Retailer
Mattress Companies Trim Costs, Delay Product Launches as Demand Falls: Companies including Sleep Number and Tempur Sealy International have said in recent weeks that demand for their products has started to decline. Analysts say consumers are likely pulling back on home-goods spending due to a mix of factors, including rising inflation and the economic impact of Russia’s invasion of Ukraine.| Wall Street Journal
Parachute Home Is Now Climate Neutral: With this Climate Neutral certification, Parachute will be setting annual reduction goals that ladder up to its total sustainability strategy, all with the aim to reduce total emissions within its own operations and supply chain. | Sleep Retailer
Retail And Consumer IPOs Tail Off As More Businesses Set Their Sights On 2023: The total number of consumer and retail deals in the first quarter tumbled 31.9% from the prior period, said global consultancy KPMG—as a volatile stock market and a span of underperforming IPOs from so-called DTC darlings like Warby Parker and Allbirds have given executives and investors pause. | CNBC
Nationwide Marketing Group Announces Summer Regional Member Meeting Schedule: Regional Member Meetings are set to make their return on the Nationwide Marketing Group travel schedule this June, including stops in Minneapolis, Sacramento, Philadelphia and Indianapolis. | Sleep Retailer
5 Ways Innovative Retail Brands Are Future-Proofing Their Companies: Precision forecasting. Customer-fueled design. Authentic branding. Innovative retail founders and investors share their insights on how retailers can continue to thrive in the future. | Inc.
Does Increased Leasing Activity Signal Recovery for Retail Sector?: Occupancy rates throughout the retail real estate industry have ticked up in recent months, leaving the sector on its best footing since before the pandemic. | WealthManagement.com
For Furniture Retail, Supply Chain Chaos Has Become ‘Normalized’: As category players extend lead times and amass inventory to manage delays, they’re also building sourcing relationships beyond China and Vietnam. | Retail Dive
Macy’s Sees a Path Forward in Large Box Retail Formats: While Macy’s has been expanding both its omnichannel platform and small store concepts, it isn’t eschewing the big box format entirely. The retailer sees opportunity in malls and large department stores—and has plans to build a robust platform with a wide variety of store footprints. | GlobeSt.com
Health, Wellness & The Science Of Sleep
Soldiers Need More Sleep, Army Research Says: Data gathered from the Army sleep research center shows that many soldiers need more sleep. But for a lot people in the Army, an eight-hour block for sleep can be very hard to come by. That’s where the 20 minute “tactical nap” comes in. | Army Times
You Can Get Better Sleep With Wearables. Just Focus On The Right Data: Some gadgets toss around lots of sleep-related numbers, but they’re not all equally helpful. | Washington Post
Researchers Found Learning After Sleep Helps Reinforce Information In The Brain: Researchers in Japan and at Brown University found that learning after sleep helps reinforce and protect that information in the brain, suggesting that kids might learn better in school if school hours are modified allowing students to sleep more at night. | CBS Boston