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Mattress Firm BEDQuarters, the former corporate headquarters in Houston Mattress Firm, Inc. is an American mattress store chain founded on July 4, 1986. The headquarters of the company is located in Houston , Texas.
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 August 2016, Steinhoff announced its plan to purchase the United States-based Mattress Firm for $3.8 billion. [14] In February 2017, Steinhoff and South African retail giant Shoprite called off a proposed merger. [15] In 2017, Mattress Firm split from its supplier Tempur Sealy. [16]
By 1920, Sealy had 28 licensed plants and was the first mattress company to expand using a licensing program. During the Great Depression the mattress industry was hit hard. Sealy lost most of its licensees and narrowly escaped bankruptcy itself. The company consolidated with the surviving licensees and created what is now known as Sealy ...
Sleepy's, a mattress retail chain based in the Northeast, was founded in 1931 as Bedding Discount Center. By 2014, it had 1,000 stores across the country but was purchased in 2015 by Mattress Firm ...
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]
Tempur Sealy-Mattress Firm. Tempur Sealy, the world’s largest mattress supplier and maker, agreed to buy rival Mattress Firm for $4 billion in May 2023. In July, the FTC voted to block the deal ...
Mattress Firm has received some unlikely attention this week after a wild conspiracy theory about why there are so many store locations went viral on Reddit.. The Reddit comment that sparked the ...