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SYRIA ATTACK IS HORRIBLE!
Read nowI just can’t understand this sick type of behavior. I hope and pray for the people of Syria. When I see the poor children, I feel so horrible, this should never happen. The people responsible for these attacks to innocent...
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L&P: STEEL COSTS ACCELERATING, PRICE INCREASES COMING.. HERE WE GO AGAIN!
Read nowCARTHAGE, Mo. – Price increases are on the way in the majority of Leggett & Platt’s steel-consuming businesses, officials said.Steel cost increases are impacting Leggett & Platt, the company said in releasing its first quarter results. L&P said that raw...
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MATTRESS FIRM BANKRUPTCY IMMINENT
Read nowHOUSTON – Mattress Firm is preparing to file for bankruptcy protection as soon as this week, a media report says.Reuters reported that the company “is preparing to file for bankruptcy protection as soon as this week as it seeks to...
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BREAKING NEWS MATTRESS FIRM FILES BANKRUPTCY
Read nowMattress Firm and its subsidiaries today filed voluntary Chapter 11 restructuring cases in U.S. Bankruptcy Court in Delaware to implement a prepackaged plan of reorganization.The company said the plan provides Mattress Firm with access to new financing to support the...
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INTEREST GROWS IN BOXED BED ARENA AS HIGHER-PRICED MODELS DEBUT
Read nowLAS VEGAS — The boxed bedding category drew new entrants to the recent market here and expanded upward into higher price points, signs of even more growth to come in that hot category, producers reported.Boxed beds were featured in a...
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NEW MATTRESS STORES UP HEAT TO HELP REFUGEES: STARTUP COMPANY WINS $250,000 IN SEED MONEY
Read nowBEIRUT – A team from Rafik Hariri University in Lebanon has created a mattress which will help to keep refugees in tents warm at night.The university team created a startup company, called Heatechs, which has discovered how to integrate a...
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USTR FINALIZES $200 BILLION IN CHINA TARIFFS
Read now10% tariffs take effect Sept. 24, then rise to 25% Jan. 1, 2019 WASHINGTON- The U.S. Trade Representative’s office on Monday finalized an additional $200 billion in tariffs on Chinese-made goods including furniture that would initially be subject to a...
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MATT FIRM ‘CONSIDERING’ BANKRUPTCY FILING
Read nowHOUSTON – Mattress Firm “is considering a potential bankruptcy filing,” a Reuters story says.The story says Mattress Firm is considering the move as it seeks ways to get out of “costly store leases” and shut some of its 3,000 locations...