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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 ...
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[6] [7] Mattress Firm has been owned by Steinhoff Holdings since 2016. [8] On October 5, 2018, Mattress Firm filed for Chapter 11 bankruptcy. [9] The company planned to break 700 lease contracts by closing 200 unprofitable stores and was considering closing the other 500 stores out of the more than 3,300 it operated at that time.
The first American Freight store was founded by Steve Belford in Lima, Ohio in 1994 as American Freight Furniture & Mattress. [21] By 2014, the company was operating 95 stores in 18 states, and October that year was acquired by an affiliate of private equity firm The Jordan Company of New York. [22]
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]
An industry-funded 2006 study by researchers at Oklahoma State University (funded by the BSC) [34] of 59 people with poor sleep who received free new replacement mattresses for their existing mattresses 5 years or older (average age 9.5 years) found improved sleep, particularly when the existing mattresses were cheap. [35]
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