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@@ -1,1 +1,1 @@ - +Mattress Firm Stores Near Me <br>Mattress Firm is the place to go to if you're searching for an appropriate mattress or bedroom furniture. There are plenty of options to match any decor and style. You can also find bedding featuring your favorite team on their website. Also, you can get discounts on brand-name items in their stores.<br><br> Mattress Firm's bankruptcy filing could see hundreds of stores to close<br><br><br>It's not a secret that brick and mortar businesses are having difficulty keeping up with online retailers. Many have had to close their doors or declare bankruptcy. The recent bankruptcy filing of Mattress Firm, a Texas-based company Mattress Firm has led to speculation that hundreds of stores may be shut down. Mattress Firm blames the lack of profitability due to poor management and the Internet.<br><br> <br>The company had experienced slow growth in recent years, despite fact that it's a major mattress retailer in the United States. The company expanded its store network following it bought Sleepy's in 2015, which cost $780 million. When store traffic started to decline and the company was being liable for huge lease payments.<br><br> <br>The company's bankruptcy filing is the latest blow to the mattress industry. The South African parent of the company Steinhoff International Holdings N.V. SNHJ.J has been working on a restructured debt plan with its creditors since 2016. The South African company bought Mattress Firm for $3.8 million in the year 2016. A bankruptcy filing could lead to hundreds of stores closing. Mattress Firm is working with a consultancy firm, AlixPartners, to help it devise a turnaround plan.<br><br> <br>The company admits to having expanded its retail presence too rapidly. This means that it has added too many outlets and has had too many fixed costs. The company is closing as much as a fifth its 3230 stores. The firm is also suing former employees for fraud, bribery, and kickbacks.<br><br> <br>While online companies have had an impact on the mattress industry physical retail is an essential element of the business. Tulo, a mattress-in-a box brand from Mattress Firm, was launched in the past two years. Walmart recently launched its AmazonBasics memory foam mattress. As the largest mattress retailer in the United States, Mattress Firm was facing numerous challenges. Walmart and Amazon are creating their own brands, and Tempur Sealy International has withdrawn from the business because of an ongoing price dispute. In 2017, Tempur Sealy International stopped selling to the company, impacting thousands of retailers across the country.<br><br> <br>The bankruptcy filing was the result of a string of financial mistakes and mismanagement management. The company had $1.3bn in net debt and $2.7bn operating lease obligations. Moreover, the company's profitability was declining. Steinhoff the company's new owner, has declined to discuss the bankruptcy filing.<br><br> Mattress Firm's shift of focus away from brick-and-mortar stores to warehouses and distribution centers<br><br><br>Many retailers are shifting away from brick and mortar stores to warehouses and distribution centres. The mattress industry is extremely competitive. Branding and sales can be improved by high-profile locations. Mattress Firm has over 2,500 retail stores across the nation and recently purchased Sleepy's, Sleep Train and Sleepy's. Mattress Warehouse has approximately 250 stores. The company is owned by Bill Gladstone, who also owns NAICI.<br><br> <br>Mattress Firm is also facing a variety of challenges. In addition to fewer traditional brick-and-mortar stores the company is also competing with online-only competitors. If you enjoyed this post and you would certainly such as to receive additional info regarding [https://objects-us-east-1.dream.io/newmattressland/new-mattress-land.html New Mattress Land] kindly check out the web-site. The company has had to struggle to compete with these players and has to invest heavily in digital channels and rebranding in order to appeal to the younger generation. It also needs to concentrate more on social media and online advertising, and develop smart connected mattresses.<br><br> <br>The mattress industry is going through an enormous transformation. Many new players have emerged from the ashes of long-running businesses. The mattress industry was once dominated by a handful of major players. Today, e-commerce has revolutionized the industry and given room for new companies to thrive. While online retailers are causing retailers to lose market share but the shift is creating new opportunities for companies to expand their retail presence. One example is Casper who launched a brick-and-mortar presence in 2014.<br><br> <br>These new competitors are showing that it is possible to compete with the traditional mattress industry. These disruptors are changing way consumers buy mattresses. In the past, mattress companies relied on high prices and little innovation.<br><br> <br>Mattress buyers today are overwhelmed by the variety of options available. In addition to traditional brick-and mortar stores, there are numerous new online stores. Mattress Firm, for example, sells mattresses directly to the consumer and through websites of third parties. The company also sells to retail outlets, including Target.<br><br> <br>After the recession, the mattress market has seen a rebound. The industry is expected to expand at a 4.0 percent CAGR over the next two years. With a sluggish demand, the market could see meaningful upside. A new mattress can be priced at more than $1,000, making it an expensive purchase. Many people waited to purchase a new mattress during the recession. After the economy started to rebound, many were eager to purchase a new mattress. These new buyers prompted mattress retailers to increase their store locations rapidly.<br><br> <br>Although it can be daunting to adopt new technologies for retailers manufacturers are investing heavily in high-tech tools that seamlessly integrate with brick and mortar shops. Companies such as KingSdown and bedgear are investing in these advanced resources in hopes of boosting sales.<br><br> Mattress Firm's exclusive mattresses<br><br><br>Mattress Firm is a well-known company that sells a variety mattresses designed to ease pressure points as well as provide support. It also offers a variety of bonuses, including bonus cash, which has no value in terms of money outside of the company. The company also provides unlimited, free access to its online shop.<br><br> <br>Mattress Firm's exclusive mattresses are sold in stores near you. They range from affordable models to luxury high-end options. The company's mattress lines are designed to assist consumers get a good night's rest, and Mattress Firm's Tulo mattress line is available in different levels of firmness. These mattresses are popular because of their feel and competitive pricing. However there have been complaints from customers about the durability and long-lasting nature of the mattress.<br><br> <br>Mattress Firm is one the largest mattress retailers in America and has multiple locations throughout the country. The retail stores offer numerous mattress options as well as personal customer service. One of the most well-known ways to determine firmness is by rating the firmness of the mattress by the mattress's firmness.<br><br> <br>One of the most affordable all-foam mattresses is the Tuft & Needle mattress. The company also offers a hybrid model and the pressure-relieving Mint cushion. The Tuft & Needle Collection is an excellent option to anyone in search of a new mattress for yourself or for your loved ones. Customers are rated Tuft & Needle mattresses highly for their quality and comfort as well as their customer service. However, some customers have expressed concern about the company's delivery policies.<br><br> <br>In August of 2016, Steinhoff bought the company for $2.4 billion. The company was in dispute with its biggest supplier, Tempur-Sealy, at the time of the acquisition. The company temporarily pulled out the cult Tempur-Pedic mattress. Since the purchase, the company's profit has suffered. Steinhoff also has to deal with an extensive criminal investigation in South Africa. Steinhoff is working to mend its relationship with Tempur-Sealy.<br><br> <br>Natural Bliss mattresses contain two layers of Arpico latex from trees that are not treated with pesticides or synthetic fertilizers. Eco Fire Barrier is a chemical-free, fire-retardant , and chemical-free layer that is included in the mattress. There are three sizes of the mattress, with the more firm side having more layers of latex.<br><br> <br>Saatva is a different brand of mattress that is unique. It is a hybrid mattress that combines inner springs and a pillow top for maximum comfort. It comes with three firmness levels and the company recently extended its trial period to a year, replacing the previous 15-year warranty. The company also offers a free white-glove service, which includes the removal of your old mattress free.<br><br>