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Michigan Mattress Recyclers, a new business here, aims to keep mattresses out of landfills by recycling bedding components. The company said that in its first three months of business it has kept “tons” of mattress materials out of landfills. The mattresses collected by the company are dismantled by hand to separate the components. Once separated, . . . → Read More: Mattress Recycling Business Opens in Michigan Consumer confidence improved slightly in July, but the widely watched Consumer Confidence Index remained at historically low levels. The Conference Board said the index stood at 65.9 in July (1985=100), up from 62.7 in June. “Consumers attitudes regarding current conditions were little changed in July, but their short-term expectations, which had declined last month, bounced . . . → Read More: Consumer Confidence Index Gains 3.2 Points in July Sealy has awarded the $100,000 grand prize in its May-Day Pay-Day sweepstakes to a consumer, identified as “Kaley C.” of Glenview, Ill., who purchased a Sealy mattress at a Bedding Experts store. “We received an unprecedented number of entries and are thrilled to give away $100,000 in cold hard cash,” said Jodi Allen, chief marketing . . . → Read More: Lucky Illinois Consumer Wins $100,000 New Sealy gel mattress line . . . → Read More: New Sealy Gel Mattress Line LEXINGTON, Ky. — Bedding major Tempur-Pedic said second-quarter net income tumbled 45% as it faced new competitive pressures in the North American market. The company said mattress sales in North America were 8.3% below last year’s second quarter, but rose 8% outside of North America. Gross margins and operating margins also were well below last . . . → Read More: Tempur-Pedic earnings down 45% as North American sales slide |
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