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The first American Freight store was founded by Steve Belford in Lima, Ohio in 1994 as American Freight Furniture & Mattress. [21] By 2014, the company was operating 95 stores in 18 states, and October that year was acquired by an affiliate of private equity firm The Jordan Company of New York. [22]
Mattress Barn was a chain of mattress stores located only in Florida. On August 29, 2014, it was announced that Mattress Firm would acquire all of the remaining Mattress Barn locations. [ 34 ] In September 2016, all of the remaining stores converted into Mattress Firm.
Sleepy's was a retail mattress chain with over 1,000 stores, primarily situated in the northeastern United States. The company was founded in New York City in 1931. [1] Sleepy's was acquired by Mattress Firm in December 2015 [2] and all stores were rebranded under the Mattress Firm name on January 1, 2017, but the website continued as an online retailer until 2018. [3]
The pocketed coil is the basis for the Simmons Beautyrest mattress brand, which was introduced in 1925. [6] Although the new manufacturing technology greatly reduced its cost, at the time of its introduction a Beautyrest mattress sold for $39.50, three to four times more than the typical price for a standard wire mattress. [7]
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Former Levin Furniture owner Robert Levin stepped in soon after and signed a deal to buy back the Levin Furniture stores to save them from potential closures in 2020. [ 4 ] [ 5 ] In addition to buying back his own stores, Levin also acquired two former Wolf Furniture stores in central Pennsylvania that were impacted by the Art Van bankruptcy. [ 6 ]
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