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Why did Sleep Train change their name?
“After thorough evaluation of best practices to better serve our customers and community, we found strength in one united brand and purpose. By coming together under the Mattress Firm name, we can provide a better selection and better pricing based on our ability to buy in larger quantities.”
What happened Sleep Train?
In February and March 2017, the Sleep Train stores were renamed as Mattress Firm outlets.
When did Sleep Train change its name?
Sleep Train announced Wednesday it will be renaming all 318 of its stores to Mattress Firm. Mattress Firm acquired Sleep Country in 2014, the company changing its name to Sleep Train in October 2015.
Who bought Sleep Train?
Mattress Firm
Mattress Firm, headquartered in Houston, acquired Sleep Train in 2014 in a deal valued at $425 million.
Did Sleep Country go out of business?
TORONTO, March 21, 2020 /CNW/ – Sleep Country Canada Holdings Inc. (“Sleep Country” or “Sleep Country Canada” or the “Company”) (TSX: ZZZ) today announced its decision to temporarily close all of its retail stores effective at the close of business on Saturday, March 21st.
Is Sleep Country still in business?
“Sleep Country and Sleep Train have been operating separately with the same business and philanthropic platforms for nearly a decade, and now, we will share the same name.” Both brands have operated under a company called Mattress Firm which operates 2,100 locations across the country.
What happened to Sleep Country USA?
Are Mattress Firm and sleep experts the same company?
Sleep Experts, a chain of 55 mattress stores in Dallas and Austin, has been sold to Houston-based Mattress Firm Holding Corp. Mattress Firm is the largest chain of mattress stores in the U.S. with more than 1,400 stores in 33 states and has been consolidating the industry.
When did Sleep Country Canada Go Public?
In 2003, Sleep Country converted into an income trust, and raised nearly CA$130 million in an initial public offering.
How much did sleep country pay for Endy?
In November 2018, Sleep Country made its single most valuable investment to date through the acquisition of Endy for $88.7 million, paying $63.7 million in cash at closing and agreeing to pay up to $25 million in Q1 2021 based on Endy’s achievement of ambitious growth and profitability targets.
Is there a Sleep Country in the US?
But recently all Sleep Country USA stores, including more than 70 locations in Washington and Oregon, have changed their name to Sleep Train. And with a new name, comes a new jingle: “Sleep Train.
When did Sleep Country change its name to Sleep Train?
In July 2015, the Kent, Washington-based Sleep Country USA company announced that it would begin rebranding all of its stores with the Sleep Train name, the California-based company that is now owned by Mattress Firm. Work to change the signage at stores was expected to continue into the fall of 2015, at least.
Who is the parent company of Sleep Train?
Sleep Country Canada, an unaffiliated company, uses the same jingle. In July 2015, the Kent, Washington-based Sleep Country USA company announced that it would begin rebranding all of its stores with the Sleep Train name, the California-based company that is now owned by Mattress Firm.
How many Sleep Train stores are there in the US?
At the time, Sleep Train had 44 stores (of which 18 were in Washington) and Sleep Country USA 28. In 2002, Sleep Train Inc. announced plans to purchase 54 of Mattress Discounters’ stores in California during that company’s bankruptcy—which would more than double Sleep Train’s size.
Where are the Sleep Country mattress stores located?
Sleep Country USA was a Pacific Northwest bedding retailer founded in 1991. It had more than 80 mattress stores in Oregon, Washington and Idaho. The company headquarters were in Kent, Washington .