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Stock impact report

Online sleep company Nectar bets on a $1500 specialty mattress [CNBC]

Tempur Sealy International, Inc. (TPX) 
Last tempur sealy international, inc. earnings: 4/30 06:37 am Check Earnings Report
Company Research Source: CNBC
Nectar, which opened its business less than 2 years ago, is bringing a $1500 specialty mattress to market The rapidly growing industry is being disrupted by online startups 'People value their sleep,' CEO Craig Schmeizer told CNBC in an interview, predicting that some brick and mortar mattress companies might get put out of business Tamanna Desai Published 49 Mins Ago CNBC.com Source: Nectar People tend to value their rest, but can there be a dollar price on exactly how much? Online mattress retailer Nectar definitely thinks so, and is hoping a $1500 hybrid and handcrafted mattress — called the DreamCloud — will do the trick. In a frenetic world where consumers are distracted by work and technology, and sleep deprived because of it , rest is becoming an increasingly precious commodity. That's just one reason why Nectar CEO Craig Schmeizer believes the DreamCloud will resonate with the Show less Read more
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