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The American company Serta International is a subsidiary of the American company Serta Simmons Bedding, LLC of Doraville, Georgia. [3] Other licensees include Serta Dormae in Texas, Serta Restokraft in Michigan, and Salt Lake Mattress in Utah. [4] [5] [6] In August 2018, Serta Simmons Bedding, LLC announced a merger with online retailer Tuft ...
The pocketed coil is the basis for the Simmons Beautyrest mattress brand, which was introduced in 1925. [6] Although the new manufacturing technology greatly reduced its cost, at the time of its introduction a Beautyrest mattress sold for $39.50, three to four times more than the typical price for a standard wire mattress. [7]
Mattress Barn was a chain of mattress stores located only in Florida. On August 29, 2014, it was announced that Mattress Firm would acquire all of the remaining Mattress Barn locations. [ 34 ] In September 2016, all of the remaining stores converted into Mattress Firm.
Mattress Firm eventually reused the Sleepy's name for their own brand of mattresses. [4] On October 5, 2018, Mattress Firm filed for Chapter 11 bankruptcy protection and announced to close up to 500-700 stores, which included former Sleepy's stores that are close proximity to a nearby Mattress Firm store. In November 2018, the company had ...
In 2016, the company launched a national billboard campaign entitled "Mattress Stores Are Greedy." [10] In 2017, the company had $170 million in sales. [11] Tuft & Needle spent over $14 million in media during the same year. [12] On September 28, 2018, Tuft and Needle closed a merger with mattresses manufacturer Serta Simmons Bedding.
The company is thus a licensing organization, with local licensees manufacturing the mattresses under a common name for national marketing. Like a cooperative, the licensees own the Spring Air name. Spring Air has factories across the world. [1] As of 2006, it is the fourth largest US brand of mattresses (behind Sealy, Serta, and Simmons).
The company was formed when Tempur-Pedic International, a manufacturer of memory foam mattresses acquired its biggest competitor Sealy Corporation in 2012. [2] [3] It is based in Lexington, Kentucky. In May 2023 Temper Sealy sought to acquire mattress retailer Mattress Firm for a reported $4 billion. However, in July 2024 the deal was blocked ...
In 2002, Dale purchased 54 of Mattress Discounters' stores in California during that company's bankruptcy—more than doubling Sleep Train's size. [3] In August 2006, Dale purchased Sleep Country USA from Simmons Bedding in a move to re-enter the northwestern market.