Steinhoff International is a leading global holding company headquartered in Germany. It is the parent company of Mattress Firm, which it acquired in 2016. Steinhoff is a well-known name in the retail industry, owning multiple retail brands and operating in over 30 countries. The company is listed on the Frankfurt Stock Exchange and has a strong financial standing with a revenue of over $13 billion in 2019. With over 130,000 employees worldwide, Steinhoff International is a powerhouse in the retail world.Steinhoff International
Steinhoff International
Steinhoff International is a South African retailer that has made a name for itself in the global market. The company was founded in 1964 by Bruno Steinhoff and has since grown to become one of the largest retailers in the world. Its acquisition of Mattress Firm in 2016 further solidified its position as a major player in the industry. Steinhoff's success can be attributed to its strong leadership, innovative strategies, and commitment to providing quality products and services to its customers.South African Retailer
South African Retailer
In 2016, Steinhoff International made a major move in the retail industry by acquiring Mattress Firm, the largest specialty mattress retailer in the United States. This acquisition was a strategic move for Steinhoff as it allowed them to expand their global presence and enter the highly lucrative US market. Mattress Firm's strong brand reputation and extensive network of over 3,500 stores made it an attractive investment for Steinhoff.Acquired Mattress Firm in 2016
Acquired Mattress Firm in 2016
Steinhoff International is a global holding company that has a diverse portfolio of retail brands. Some of its other subsidiaries include Poundland, Conforama, and Pepco. This diverse range of brands allows Steinhoff to cater to various markets and target different demographics. As a global holding company, Steinhoff has a strong presence in Europe, Africa, and the United States, making it a force to be reckoned with in the retail industry.Global Holding Company
Global Holding Company
Steinhoff International is headquartered in Germany, with its main offices located in the city of Amsterdam. Being based in Europe, Steinhoff has a unique advantage when it comes to expanding its global reach. The company has a strong understanding of the European market and has successfully leveraged this knowledge to enter new markets and establish a strong presence.Headquartered in Germany
Headquartered in Germany
As mentioned earlier, Steinhoff International owns multiple retail brands under its umbrella. These brands cater to different markets and offer a diverse range of products and services. Some of its most well-known brands include Bensons for Beds, Harveys, and Snooze. With such a vast and diverse portfolio, Steinhoff is able to tap into different markets and reach a wider customer base.Owns Multiple Retail Brands
Owns multiple retail brands
Steinhoff International has a strong global presence, with operations in over 30 countries. This widespread reach allows the company to tap into different markets and cater to the needs of customers in various regions. Steinhoff's global expansion has been a key factor in its success and has helped the company establish itself as a major player in the retail industry.Operates in Over 30 Countries
Operates in over 30 countries
Steinhoff International is a publicly traded company and is listed on the Frankfurt Stock Exchange. This listing provides the company with the necessary funding and resources to continue its expansion and growth. Being a publicly traded company also brings credibility and transparency, which is crucial in today's market.Listed on Frankfurt Stock Exchange
Listed on Frankfurt Stock Exchange
Steinhoff International has a strong financial standing, with a revenue of over $13 billion in 2019. This impressive figure is a testament to the company's success and its strong position in the retail industry. Steinhoff's revenue has been steadily increasing over the years, and with its global expansion plans, it is expected to continue its growth in the future.Revenue of Over $13 Billion in 2019
Revenue of over $13 billion in 2019
Steinhoff International has a vast workforce of over 130,000 employees worldwide. The company prides itself on its diverse and talented team, which has been instrumental in its success. Steinhoff is committed to providing a positive work environment for its employees and offers opportunities for growth and development. Its strong team of employees is a key factor in the company's continued success and growth.Over 130,000 Employees Worldwide
Over 130,000 employees worldwide
The Parent Company of Mattress Firm: A Leader in Innovative House Design
Revolutionizing the Way We Sleep
When it comes to creating a comfortable and restful sleeping experience, the parent company of Mattress Firm is at the forefront of innovation. With their extensive research and development team, they have revolutionized the way we sleep by constantly introducing new and improved mattress designs. They have a deep understanding of the importance of a good night's sleep and have made it their mission to provide top-quality mattresses that cater to different preferences and needs.
Mattress Firm
, a subsidiary of the parent company, is a well-known brand in the mattress industry, with over 3,500 stores across the United States. The company prides itself on its wide selection of mattresses, including memory foam, innerspring, and hybrid options. With their extensive collection, they cater to a diverse customer base, ensuring that everyone can find the perfect mattress for their individual needs.
Setting Trends in House Design
The parent company of Mattress Firm not only focuses on creating comfortable mattresses, but they also have a keen eye for
house design
. With their team of expert designers and architects, they have set trends in the industry and have become a go-to resource for interior design inspiration. Their designs not only prioritize functionality but also incorporate aesthetic elements that enhance the overall look and feel of a home.
From modern and minimalist to cozy and traditional, the company offers a range of design options to cater to different personal styles and preferences. They also keep up with the latest trends and incorporate them into their designs, ensuring that their customers have access to the most up-to-date and stylish options.
Customer-Centric Approach
The parent company of Mattress Firm prides itself on its customer-centric approach. They understand that every individual has unique needs and preferences when it comes to their sleeping habits and home design. Therefore, they offer personalized services, such as mattress consultations and interior design consultations, to help customers make informed decisions and create their dream homes.
In conclusion, the parent company of Mattress Firm is not just a leader in the mattress industry, but also a trendsetter in the world of house design. With their constant innovation, wide selection of products, and customer-centric approach, they have solidified their position as a trusted and reputable company in the market. So, if you're looking to revamp your sleeping experience or spruce up your home, look no further than the parent company of Mattress Firm.
