good to see a few shares change hands this week, also interested to see who the new target customers are for foam pillow and mattresses.
as to the head winds the industry has faced its sad to see serta file for chapter 11 bankruptcy https://www.bloomberg.com/news/articles/2023-01-24/mattress-maker-serta-simmons-files-for-chapter-11-bankruptcy along with bed bath and beyond https://www.*.com/bed-bath-and-beyond-rise-and-fall-photos-2020-1#the-company-said-in-an-sec-filing-that-it-has-substantial-doubt-it-can-keep-operating-33
i see the biggest unsecured creditors were suppliers....if Alexium can make a go of it in this market then they certainly will be poised for success in better times as stated in the latest release.. hard to believe you could have 19% of all US annual bedding sales and be bankrupt, still alot of stressful years combined to make this happen. i think that a product like Alexiums is better felt on the shop floor than thought about online, , with bricks and mortar closing its anchor challenge they dont really need right now.
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