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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

Powell Says the Fed is ‘Not Trying To Provoke’ A Recession, But It Is ‘Certainly A Possibility‘: The chair of the Federal Reserve said that the central bank might be able to lower rapid inflation without tipping America into a painful downturn, though he cautioned that pulling it off would be “very challenging” to achieve and that a recession is “certainly a possibility.” | New York Times

McRoskey Expands East Coast Presence With Long’s Bedding: The McRoskey mattress brand has its first Manhattan placement at Long’s Bedding & Interiors, a fourth-generation bedding retailer located on New York’s Upper East Side. This is the first time the luxury mattress brand has been available in the state of New York. | Sleep Retailer

Canadian Shoppers Show Resiliency as Retail Sales Jump: Canadians continued to show a willingness to spend, according to retail sales data out on Tuesday, even as accelerating inflation erodes their purchasing power. | Yahoo!Finance

How to Buy a New Mattress Without a Ph.D. in Chemistry: The mattress industry has always suffered against criticisms of being too confusing—and that perception continues to this day. In this article, Patricia Marx sets out to cut through the confusion around the latest bedding innovations like gel capsules, ice fabric, green-tea memory foam, copper-infused toppers and more. | The New Yorker

Blu Sleep Expands Its Team With Two New Hires: Blu Sleep is making key strategic growth by focusing on team expansion. The company has added Stefanie Raccuglia to its business development/sales support team and Eric Johnston as the supply chain and traffic specialist. | Sleep Retailer

The Retail Industry Is Facing A Potential Wave of Bankruptcies – Here’s Why: The retail industry is up against a potential wave of bankruptcies following a monthslong slowdown in restructuring activity. There could be an increase in distressed retailers beginning later this year, experts say, as ballooning prices dent demand for certain goods, stores contend with bloated inventory levels and a potential recession looms. | CNBC

Are Large Corporate Profit Margins Causing Inflation?: Markups and profits of businesses in the United States last year were the highest since at least the 1950s, according to an analysis published by the Roosevelt Institute, a progressive think tank. This has raised questions about a possible relationship between corporate greed and inflation.| New York Times

Corsicana To Close Richmond, Virginia Plant: As part of its strategy of re-examining the effectiveness and efficiency of its national manufacturing and distribution footprint, Corsicana Mattress Company will close its Symbol mattress production plant at 2001 Bellwood Road in Richmond, VA in August. | Sleep Retailer

3 Top 100 Home Retailers Near Top in LinkedIn’s Retail Rankings: LinkedIn described the feature as a ranking of the 25 companies that are investing in their talent and helping people build careers that set them up for long-term success. City Furniture ranked No. 9, while Casper checked in at No. 11 and Mattress Firm was rated No. 12. | Furniture Today

Amazon Names New Retail CEO: Amazon has named a new CEO of its retail arm just weeks after the previous CEO announced he would be resigning. Doug Herrington, a 17-year company vet, is set to become CEO of Amazon’s worldwide stores business. | The Verge

GhostBed Launches Mattress Program At Walker Furniture: GhostBed has made its Las Vegas retail debut at Walker Furniture, with four of its most popular collections available at the regional leader’s four stores and online. The retailer will feature a selection of GhostBed mattresses from the Grande and Dimensions collections, as well as the top-selling Venus Williams line. | Sleep Retailer

We Asked 6 Designer Parents: What Are the Best Mattresses for Kids?: The designer picks include mattresses from brands like Saatva, Avocado and Simmons. | Domino

Health, Wellness & The Science Of Sleep

Which Age Group Struggles The Most With Sleeping? It’s Young Adults, Survey Says: More than 1 in 4 adults ages 18 to 24 experience insomnia every night; it’s the highest rate of insomnia out of any age group in the U.S., according to a recent survey from Norwegian health and wellness publication Helsestart. | USA Today

American Academy of Pediatrics Updates Safe Sleep Recommendations—Back is Best: The American Academy of Pediatrics emphasizes the need for infants to sleep on their backs on flat noninclined surfaces without soft bedding and details the risks of bed-sharing under various scenarios within its first update to safe infant sleep recommendations since 2016. | American Academy of Pediatrics

Fitbit Rolls Out A New Premium ‘Sleep Profile’ Feature To Better Assess Sleep Patterns: Google announced today that Fitbit is introducing a new premium feature called “Sleep Profile,” which will offer users a new longitudinal analysis of sleep patterns while making sleep data easier to interpret. | TechCrunch

Hormones Are Linked With Sleep Apnea, Snoring In Postmenopausal Women: Middle-aged women with low levels of estrogen and progesterone are more likely to snore and to report symptoms of obstructive sleep apnea, according to a new study published this week in the open-access journal PLOS ONE by Kai Triebner of University of Bergen, Norway, and colleagues. | Science Daily

Brain Practices New Tasks While We Sleep: Scientists have debated why we sleep for millennia, but a new study adds fresh clues for solving this mystery. They now believe sleep plays a role in how we learn and form long-term memories. | The Harvard Gazette