Snooze News Weekly | August 27 – September 2, 2021

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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: Industry Focused Stories


HSM Expands Pocketed Coil Production: Responding to mattress producers’ increasing needs for alternatives to foam and rising consumer preference for hybrid mattresses, Hickory Springs Manufacturing Company (“HSM”) has installed new equipment at its bedding business facility in Sheboygan, Wisconsin to produce its InnerRest pocketed-coil line, a new capability for the site. | Sleep Retailer

CEO Says Mattress Firm Store Closings Coming But Business Has Stabilized Despite Price Increases: Mattress Firm was struggling in 2018 and 2019, but with the surge in home goods purchases during the pandemic, the company might be positioned for a comeback. | USA Today

Tempur-Sealy Extends Contract With Mattress Firm: Tempur Sealy International, Inc.recently announced that it signed a multi-year extension to its current supply agreement with Mattress Firm, Inc., the largest specialty mattress retailer in the U.S. The new extension is on the same terms as the current agreement.| Sleep Retailer

Supermoon Capital Launches With World's First Fund Focused On Sleep: Supermoon Capital, formerly SleepScore Ventures, launched today with its first venture fund of $36 million to invest in early-stage startups across all geographies working on science-backed innovations aimed to improve sleep. | PR Newswire

High Point Market Authority To Host Fitz & The Tantrums: Don't miss it—The High Point Market Authority will host the popular musical group Fitz and The Tantrums for a concert to kick off Fall Market. | Sleep Retailer 

More Retail Workers Are Quitting, But More Stores Are Opening Than Ever: The stories of retailers who opened during the pandemic as well as the worker shortage in the sector are perilous and fascinating. Find out more interesting facts about the state of retail. | UAL Public Radio

Eclipse International Reintroduces Lifetime Collection As A Premium HD Offering:  At the summer Las Vegas Market, Eclipse International reintroduced its Lifetime collection with a group of ultra-high-density mattresses that are built to last. The company branded the collection under Eastman House and it will be marketed under the tagline, “Comfort built to last.”| Sleep Retailer

Mattress Startup Eight Sleep Aims To Detect Cancer:On Monday, Manhattan-based Eight Sleep, a company that makes mattresses rigged with sensors that monitor the heart, breathing, and temperature, raised $86 million in Series C funding led by Valor Equity Partners. Other investors in the round include SoftBank’s Opportunity Fund, Khosla Ventures, Founders Fund, and General Catalyst. | Fortune

Hologenix Named An Inc 5000 Fastest Growing Company: Inc. 5000 named materials science manufacturer Hologenix to its prestigious list of America’s fastest-growing private companies for the third consecutive year. The ranking represents a unique look at the most successful companies in the most dynamic segment of the American economy – its independent small businesses. | Sleep Retailer

3 Ways Augmented Reality Can Transform The Retail Experience: Soon, AR and virtual reality (VR) technology may be a part of everyday life — and everyday shopping. Read about three specific ways this technology will make a change. | Sleep Retailer

Precision Textiles Adds Local Jobs With New Facility: To better serve its customer base in the high-growth mattress industry, Precision Textiles recently signed a lease for a new 160,000-square-foot, 25-acre campus at 163 Glen Road in Troy, North Carolina. | Sleep Retailer

What The Decline Of Brick And Mortar Sales Means For Retail Marketing: As brick-and-mortar retail evolves to hang on to market share, retail marketing needs to evolve along with it. 13 members of Forbes Communications Council discuss what the decline of brick-and-mortar sales means for marketers in today’s retail industry.  | Forbes

Package.ai. Integrates With STORIS For Routing Reputation Management: Package.ai and STORIS now offer integration capabilities to their mutual home furnishings and appliance retail partners. The integration enables STORIS post-purchase data to be utilized in Package.ai’s platform, which uniquely combines automated customer messaging, delivery and reputation management, and contextual up-sell tools. | Sleep Retailer

Hush Blankets Unveils ‘Iced’ Cooling Mattress: The new Hush Mattress claims to be 3 degrees cooler than the temperature the room. Find out more about this new release. | Tom's Guide

GhostBed Debuts Memory Foam Mattress Topper: Rounding out its already considerable offering of bedding accessories, GhostBed is launching the GhostBed Memory Foam Topper at the summer Las Vegas Market. The product is the first mattress topper in the company’s bedding lineup, which now includes two mattress collections, pillows and pillowcases, sheets, mattress protectors, bed frames and other sleep accessories.  | Sleep Retailer


Health, Wellness & The Science Of Sleep


A Guide To The Best Bed Pads For Seniors: Seniors struggle with incontinence and may need a pad on their bed in case of this issue. Here's a helpful list of products to solve this common problem. | Forbes Senior woman sleeping

Do You Actually Need A Box Spring?: Depending on what type of bed you have, a box spring can either help or hurt your mattress. Use this guide to make your decision. | CNET

Sleep App 'Puts Patients At The Center':  proposed web-based app called “MySleepVillage” took second place in the American Academy of Sleep Medicine’s first ever Change Agents, a contest designed to generate creative ideas for diagnosing and treating obstructive sleep apnea. | HME News  


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