US-made bedding brand to liquidate in Chapter 7 bankruptcy

Americans like the concept of "made in the USA" products, but have generally not shown a willingness to pay more for those items. "While 69% of Americans believe that an item being American-made is at least somewhat important, 37% would not be willing to pay any more for that item. Twenty-six percent would only pay 5% more, and 21% capped it at 10% more," according to a Reuters/Ipsos study. Producing items in the United States costs more money. "The higher cost of labor in the U.S. is one of the primar ...