TITLE

investors demand changes at Select Comfort

AUTHOR(S)
Thomas, Larry
PUB. DATE
March 2008
SOURCE
Furniture/Today;3/17/2008, Vol. 32 Issue 28, p50
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on Clinton Group Inc.'s acquisition of a 5.1 percent stake in bedding major Select Comfort. The investment group has sent a letter to the board of directors demanding changes in Select Comfort's marketing programs and cost structure. The article highlights the financial performance of Select Comfort in 2007.
ACCESSION #
31383090

 

Related Articles

  • SAP project put to bed by shareholders. Kanaracus, Chris // Network World;12/22/2008, Vol. 25 Issue 49, p18 

    The article reports on several developments undertaken by bedding manufacturer Select Comfort Corp. due to economic recession in the U.S. Information discloses on the plan of Select Comfort to cut 22% of its workforce or about 120 jobs, seeing to save the company about $15 million each year....

  • Select Comfort's '03 sales surge 36.5% to $458.5 million. Thomas, Larry // Furniture/Today;2/23/2004, Vol. 28 Issue 25, p51 

    Reports the financial performance of Select Comfort Corp., the manufacturer and seller of the Sleep Number airbed, for the fourth quarter of 2003 in the United States. Sales hike; Net income; Boost in brand awareness through a national advertisement.

  • Successful stores hardly ever sleep. Engel, Clint; Marshall, Fran // Furniture/Today;3/3/2003, Vol. 27 Issue 26, p34 

    Focuses on the retail success of bedding manufacturing companies. Minneapolis-based airbed producer and retailer Select Comfort's marketing excellence; Efforts of Better Bedding on the conventional side of the bedding category; Similarities and differences on how consumers look at various...

  • Top 25 Bedding Retailers.  // Furniture/Today;9/5/2011, Vol. 36 Issue 1, p16 

    The article lists the 25 top bedding retailers in the U.S. in 2009 and 2010 which include Select Comfort Corp. in Minneapolis, Minnesota, Big Lots Inc. in Columbus, Ohio, and RoomStore Inc. in Richmond, Virginia.

  • Select Comfort remains unchallenged as No. 1. Perry, David // Furniture/Today;8/13/2007, Vol. 31 Issue 48, p12 

    The article reports that three bedding retailers in the United States each recorded gains in 2006 and retain their market dominance. Airbed retailer Select Comfort Corp. remain the top bedding retailer in the country, with revenues escalating 15% in 2006 to $676 million. At second place is...

  • Select Comfort sales drop 14%.  // Furniture/Today;04/30/2001, Vol. 25 Issue 33, p82 

    Reports the financial performance of Select Comfort Corp. of Minneapolis, Minnesota as of the first quarter of 2001. Data on net loss and sales; Reason for the loss; Optimism in profit gains for the third quarter of 2001; Cost reduction efforts of the company.

  • Select Comfort: It's a numbers game. Perry, David // Furniture/Today;3/3/2003, Vol. 27 Issue 26, p36 

    Focuses on the success of Minneapolis-based airbed producer and retailer Select Comfort through the manufacture of its Sleep Number Bed. Introduction of its Sleep Number Bed in January 2001; Report on the company's sixth consecutive quarterly profit; Discussions on the profit turnaround of the...

  • Select Comfort sales jump 26%.  // Furniture/Today;4/21/2003, Vol. 27 Issue 32, p47 

    Reports on the increase in the net income of bedding manufacturer and retailer Select Comfort Corp. in the U.S. Percentage of sales from company-owned stores generated by the airbed specialist; Number of additional stores opened by the company; Success of the print and television advertising of...

  • Earnings reports show most companies on rise. Thomas, Larry // Furniture/Today;11/19/2012, Vol. 37 Issue 12, p21 

    The article reflects on the sales growth of the bedding producer companies including Select Comfort Corp., Tempur-Pedic International Inc. and Leggett & Platt Inc.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics