Sleepy's was a popular mattress retail chain in the United States that was founded in 1931. The company had over 1,000 stores across the country and was known for its wide selection of mattresses and competitive prices. However, in 2016, Sleepy's was acquired by Mattress Firm, and the brand was eventually phased out.Sleepy's - Wikipedia
Mattress Firm is the largest mattress retailer in the United States, with over 3,500 stores across the country. The company was founded in 1986 and has since become a household name, offering a variety of brands and types of mattresses at different price points. In 2016, Mattress Firm made a major acquisition that would significantly impact the mattress industry - the purchase of Sleepy's.Mattress Firm - Wikipedia
In the fall of 2016, Mattress Firm announced that it would be rebranding all Sleepy's stores to Mattress Firm locations. This decision was made after the acquisition of Sleepy's, and it was estimated that approximately 700 Sleepy's stores would be converted to Mattress Firm stores. This move would solidify Mattress Firm's position as the leading mattress retailer in the country.Sleepy's to become Mattress Firm - Furniture Today
The acquisition of Sleepy's by Mattress Firm was a major deal in the mattress industry. In September 2016, it was announced that Mattress Firm had agreed to buy Sleepy's for a whopping $780 million. This was a strategic move for Mattress Firm, as it would allow them to expand their reach and customer base, as well as eliminate a major competitor in the market.Mattress Firm to acquire Sleepy's for $780 million - CNBC
The news of Mattress Firm's acquisition of Sleepy's made headlines in major news outlets, including USA Today. The article highlighted the significance of the deal, as well as the potential impact on the mattress industry. It also mentioned that this was the largest acquisition in Mattress Firm's history.Mattress Firm to buy Sleepy's for $780 million - USA Today
Reuters, a global news organization, also reported on the acquisition of Sleepy's by Mattress Firm. The article provided details on the financial aspects of the deal, as well as statements from executives of both companies. It also mentioned that the combined company would have annual sales of over $3.6 billion.Mattress Firm to buy Sleepy's for $780 million - Reuters
The New York Times, one of the most influential newspapers in the world, covered the acquisition of Sleepy's by Mattress Firm. The article discussed the history of both companies and the potential impact of the deal on the mattress industry. It also mentioned that the acquisition was subject to regulatory approval.Mattress Firm to buy Sleepy's for $780 million - The New York Times
The Wall Street Journal, a renowned business publication, also reported on the acquisition of Sleepy's by Mattress Firm. The article provided insights on the growth strategy of Mattress Firm and how the acquisition of Sleepy's would fit into their plans. It also mentioned that the deal was expected to be completed by the end of 2016.Mattress Firm to buy Sleepy's for $780 million - The Wall Street Journal
Fortune, a well-respected business magazine, covered the acquisition of Sleepy's by Mattress Firm. The article discussed the potential benefits of the deal for Mattress Firm, including increased market share and cost savings. It also mentioned that the acquisition would make Mattress Firm the largest mattress retailer in the world.Mattress Firm to buy Sleepy's for $780 million - Fortune
Bloomberg, a global financial news and data company, also reported on the acquisition of Sleepy's by Mattress Firm. The article provided details on the financial aspects of the deal, including the breakdown of the purchase price. It also mentioned that Mattress Firm would have to close some of its existing stores to comply with antitrust regulations.Mattress Firm to buy Sleepy's for $780 million - Bloomberg