Where To Try a Cheap Mattress in Chicago
The latest deal in a string to consolidate the mattress industry includes the acquisition of Sleep America. The combined company will own approximately 3,500 stores in 48 States. Through cost reductions, the combined company expects to make $40 million annually in savings. Mattress Firm expects that it will see a small increase in profit per share within the first year after the deal closes. Further, it plans to add 55 stores in Texas and Dallas.