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Ethan Allen reported a $14.7 million profit in the quarter ended Dec. 31 from a loss a year earlier as sales rose 21% to $173.3 million, the manufacturer and retailer reported. The company’s profit in the quarter, the second of its fiscal year, compared with a loss of $3.3 million in the same period a . . . → Read More: Ethan Allen Sales Up 21% in Second Quarter Ikea Group’s worldwide profit rose 6.1% in its 2010 fiscal year to 2.69 billion euros ($3.6 billion), according to a post on its website. The privately held global home furnishings giant – a Top 100 company in the U.S. – said its sales for the year ended Aug. 31 increased 7.7% to 23.5 billion euros . . . → Read More: Ikea Profit Up 6.1% in 2010 The mattress, it turns out, really does matter when it comes to getting a good night’s sleep. But finding that right mattress is not easy. Those were two of the key findings revealed at a high-powered Sleep Summit hosted by officials of the Sleep to Live Institute, a sleep research center in Joplin, MO. Institute . . . → Read More: Researchers Say Right Mattress is Important for Good Sleep Consumers will be able to file complaints or concerns electronically via a new product safety database the U.S. Consumer Product Safety Commission plans for 2011. The CPSC will launch the database in March as part of www.saferproducts.gov. At that point, consumers can post their product concerns directly online. Manufacturers and purchasers can also post comments . . . → Read More: CPSC to Offer Online Product Safety Reporting Top 100 company Ikea surprised all of its U.S. work force with shiny new bicycles as a holiday time thank you, according to a story on the CNN Money website. The gift of silver mountain bikes “is our way of saying, ‘Thanks Ikea coworkers for being strongly committed to working together,’” Ikea U.S. President Mike . . . → Read More: Ikea Gives Bicycles to all its U.S. Employees |
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