COVID: More News

Tempur Sealy to Introduce Virus-Killing Mattresses Next Year

Alan Wolf Comments Off on Tempur Sealy to Introduce Virus-Killing Mattresses Next Year

Tempur Sealy plans to employ an antimicrobial and antiviral technology to select Sealy, Tempur-Pedic and Stearns & Foster mattresses in 2021.

The Impact of the Coronavirus and Why I Can’t Wait for 2021

Joe Higgins Comments Off on The Impact of the Coronavirus and Why I Can’t Wait for 2021

Here’s another interesting effect of the coronavirus that we didn’t expect or at least use in our estimates for economic expansion or contraction: COVID-19 has greatly reduced the time we spend on the highways.

The Impact of the Coronavirus and Why I Can’t Wait for 2021

Joe Higgins Comments Off on The Impact of the Coronavirus and Why I Can’t Wait for 2021

I have been following America’s economy for more than 60 years and have documented some extraordinary events over that time, but nothing prepared me for what I have witnessed in 2020.

Improving Your Showroom Appeal During the Pandemic, Part 2

Lyn Falk Comments Off on Improving Your Showroom Appeal During the Pandemic, Part 2

As we continue to navigate our way through business during COVID-19, we have to remind ourselves that it’s imperative to make sure our shopping environments are always safe, informative and upbeat, whether we’re in a pandemic or not. It just makes long-term sense to operate this way.

How to Become a Recruitment Dynamo

Gordon Hecht Comments Off on How to Become a Recruitment Dynamo

It was just ten short years ago when businesses had the upper hand in hiring, and finding good employees was as easy as putting up a “Help Wanted” sign or posting something on social media.

Bye-Bye Black Friday?

Alan Wolf Comments Off on Bye-Bye Black Friday?

In his keynote address at the 2020 Virtual Convention, AVB Merchandising VP Chad Evans suggested that COVID would quell the Black Friday queues that traditionally circle box stores on Thanksgiving.

Improve Your Curb Appeal During the Pandemic

Lyn Falk Comments Off on Improve Your Curb Appeal During the Pandemic

COVID-19 has certainly altered the retail shopping landscape, at least for the time being.

Mattress Sales Bounce Amid the Pandemic

Alan Wolf Comments Off on Mattress Sales Bounce Amid the Pandemic

Replacement sales of home goods have soared during the health crisis, as consumers spend more time at home and imperfections in their appliances and home furnishings become more apparent.

The U.S. Economy in the Age of Covid-19

Joe Higgins Comments Off on The U.S. Economy in the Age of Covid-19

It is a new way of life in America since February of 2020 and I am trying to make predictions about the U.S. economy while I shelter in place here at my home in Washington. Our economy is opening up, but the news has not made it any easier to gaze into the old crystal ball and tell you what is going to happen.

Colders Giving COVID the Cold Shoulder

Andy Kriege Comments Off on Colders Giving COVID the Cold Shoulder

Tom Balistreri and his team at Colders Furniture and Appliance in Milwaukee embraced a new maxim when the COVID crisis first hit these shores: “We need to be flexible; we need to be resilient; and we need to persevere!”

Small Businesses Could Be Facing COVID Crisis Crossroads

Alan Wolf Comments Off on Small Businesses Could Be Facing COVID Crisis Crossroads

As Congress still wrangles over the next stimulus package and COVID flares up in new parts of the country, economists, executives and independent owners are expressing their concern for the well-being of small businesses.

BrandSource to Members: Consider an SBA Disaster Loan

Alan Wolf Comments Off on BrandSource to Members: Consider an SBA Disaster Loan

While Congress wrangles over the next phase of pandemic relief, BrandSource reminds members that there are still plenty of federal funds out there just waiting to be dispensed.

Serta’s Sales Chief Details Ongoing Production Delays

Alan Wolf Comments Off on Serta’s Sales Chief Details Ongoing Production Delays

In an open letter to retailers this month, Serta Simmons’s Chief Sales Officer Derek Miller said the company is committed to absorbing cost increases caused by the global pandemic.

Electrolux CEO Cites Changes in Consumer Behavior

Alan Wolf Comments Off on Electrolux CEO Cites Changes in Consumer Behavior

The spread of COVID-19 has done more than put a crimp in vendors’ second-quarter earnings.

Serta Holds the Line on Price Increases

Alan Wolf Comments Off on Serta Holds the Line on Price Increases

Despite what it describes as extreme and costly disruptions to the bedding industry’s supply chain as a result of the COVID-19 crisis, Serta Simmons said it would absorb the higher costs it has incurred rather than pass them along to retailers.

Chain Stores, States Set Mask-Wearing Mandates

Alan Wolf Comments Off on Chain Stores, States Set Mask-Wearing Mandates

The U.S. moved closer to a national mask mandate this week as some of the country’s largest retailers including Walmart, Best Buy, Target, Kroger, Kohl’s, CVS and Walgreens joined three more states — Alabama, Colorado and Montana — in making face coverings a must indoors.

Serta Simmons Develops COVID-Killing Mattress

Alan Wolf Comments Off on Serta Simmons Develops COVID-Killing Mattress

Serta Simmons Bedding has partnered with Swiss textile chemistry firm HeiQ to create a mattress that can reportedly kill the COVID-19 virus.

Lessons About COVID-19 Learned from My 90-Year-Old Dad

YSN Staff Comments Off on Lessons About COVID-19 Learned from My 90-Year-Old Dad

The following reflection is reposted with permission from BrandSource member Michael Grossman, President of Kensington Furniture.

PPP Deadline Extended to Aug. 8

Alan Wolf Comments Off on PPP Deadline Extended to Aug. 8

In a rare instance of swift bipartisan cooperation, the federal government has extended the deadline to apply for loans under the Paycheck Protection Program (PPP) until Aug. 8.

How Coronavirus is Creating New Opportunities for Retailers

Alan Wolf Comments Off on How Coronavirus is Creating New Opportunities for Retailers

For many BrandSource dealers, it’s all they can do to keep inventory on the floor.

New Rules — and Forms — for PPP Loans and Forgiveness

Alan Wolf Comments Off on New Rules — and Forms — for PPP Loans and Forgiveness

The federal government has revised some of the more onerous stipulations of the Paycheck Protection Program (PPP), and has provided new application forms for the loans, which remain available through June 30.

The One Thing that Lasts Longer than Tough Times

Sam Abdelnour Comments Off on The One Thing that Lasts Longer than Tough Times

These are difficult times for our country and the world around us. Difficult yes, but not completely unfamiliar.

Consumer Confidence Steadies as U.S. Economy Reopens

Alan Wolf Comments Off on Consumer Confidence Steadies as U.S. Economy Reopens

Consumer confidence, as measured by The Conference Board’s monthly Consumer Confidence Index, stabilized in May following a sharp decline in April.

BrandSource Partners with Professional Service Association

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Making good on its imperative to support its servicing members, the BrandSource Service Committee has forged a formal partnership with the Professional Service Association (PSA), the leading trade organization dedicated to the long-term success of the appliance repair channel.

Mark Hecht Marks Last Month at Whirlpool

Alan Wolf Comments Off on Mark Hecht Marks Last Month at Whirlpool

Longtime Whirlpool and Maytag sales executive Mark Hecht has announced his retirement and will be stepping down from his post at the end of the month.

If You Promote it, They Will Come

Andy Kriege Comments Off on If You Promote it, They Will Come

David Jones knew that digital promotions were successful in other places; however, the owner of Jones Appliance & TV was skeptical that they would be as effective in Iowa Falls, a town of 5,000 just big enough to poke through the corn stalks.

Retailers Support Pandemic Insurance Proposal

Alan Wolf Comments Off on Retailers Support Pandemic Insurance Proposal

The world’s largest retail trade association has thrown its support behind national legislation that would help businesses obtain insurance coverage for pandemics.

AVB Adds New Email Cart Feature; Mattresses Weighted by Popularity

Alan Wolf Comments Off on AVB Adds New Email Cart Feature; Mattresses Weighted by Popularity

AVB’s marketing and merchandising teams Zoomed in with a full agenda on yesterday’s live, weekly webcast.

Heartland Home Store Takes Design Inspiration from AVB Summit

Andy Kriege Comments Off on Heartland Home Store Takes Design Inspiration from AVB Summit

Tracy and Daniel Ainslie started their business just under a year ago in an old T-shirt shop in Sturgis, S.D., a town known more for the roar of Harley Davidson engines than boutique retail stores with a flair for design.

Retail Import Constraints Starting to Ease: NRF

Alan Wolf Comments Off on Retail Import Constraints Starting to Ease: NRF

The impact of the global pandemic at major U.S. retail container ports appears to be easing slightly, which is welcome news for inventory-challenged merchants.

Hit Me with Your Best Shot

Gordon Hecht Comments Off on Hit Me with Your Best Shot

You have to be a real tough cookie to survive, flourish and grow in 2020.

Feds Make Welcomed Changes to PPP Rules

Alan Wolf Comments Off on Feds Make Welcomed Changes to PPP Rules

The U.S. Senate this week passed the House version of a new and improved Paycheck Protection Program (PPP) that should ease some of the program’s major pain points for dealers.

BrandSource to Hold its Summer Convention Online

Alan Wolf Comments Off on BrandSource to Hold its Summer Convention Online

AVB will transform this summer’s Convention 2020 from an on-site show to a virtual event, to be held online during its originally scheduled show week of Aug. 30–Sept. 1, 2020.

Ken’s Appliance Holds Record Tent Sale, Minus the Tent

Andy Kriege Comments Off on Ken’s Appliance Holds Record Tent Sale, Minus the Tent

Ken’s Appliance & America’s Mattress Gallery in Grand Island, Neb., reinvented its annual Memorial Day tent sale by conducting the event entirely online this year.

LG Marketing Chief David VanderWaal Stepping Down

Alan Wolf Comments Off on LG Marketing Chief David VanderWaal Stepping Down

Longtime LG marketing whiz David VanderWaal is leaving the company after 13 years.

Retail Group: Economic Outlook Still Anyone’s Guess

Alan Wolf Comments Off on Retail Group: Economic Outlook Still Anyone’s Guess

While the reopening of businesses that were sidelined by the pandemic is an important step forward, it’s still too early to tell how quickly or smoothly the nation’s economy will bounce back from retail and other shutdowns.

HSN (Home Selling Network)

Gordon Hecht Comments Off on HSN (Home Selling Network)

By Gordon Hecht, Serta Simmons Bedding Walk-in shopping traffic has surely changed over the last few decades. Back in the

Julie Burns Joins GE as Monogram Chief

Alan Wolf Comments Off on Julie Burns Joins GE as Monogram Chief

GE Appliances has appointed Julie Burns Executive Director of the company’s super-premium Monogram brand.

Serta Simmons Bedding Bows Out of Las Vegas Market

Alan Wolf Comments Off on Serta Simmons Bedding Bows Out of Las Vegas Market

Serta Simmons Bedding (SSB), the nation’s largest mattress manufacturer, will sit out the summer and winter home furnishings Markets in Las Vegas.

How Best Buy and Apple are Reopening

Alan Wolf Comments Off on How Best Buy and Apple are Reopening

Two of the top tech and appliance retailers, Best Buy and Apple Stores, are starting to reopen locations across the country as restrictions ease and consumers clamor for access to retail stores.