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The Simmons Bedding Company is an American major manufacturer of mattresses and related bedding products, based in Atlanta, Georgia. The company was founded in 1870. Simmons' flagship brand is Beautyrest. In addition to operating 18 manufacturing facilities in the United States and Puerto Rico, the company licenses its products internationally.
In 1925, Simmons produced the Beautyrest mattress, for which the company is best known. It was sold at three to four times the cost of wire mattresses at the time for $39.50 (equivalent to $686 in 2023) and four years later had sold more than $9 million (equivalent to $159,697,674 in 2023) of the mattresses.
There are licensees operating in Australia, [8] Argentina, Bahamas, Colombia, Israel, Jamaica, Japan, New Zealand, South Africa, Thailand and the United Kingdom. In 1995, direct export business began to South Korea.
Nick Carter earned a courtroom victory on Tuesday, Jan. 28 in his legal battle against his rape accuser Melissa Schuman.. The Nevada Supreme Court ruled in Carter’s favor and denied, for a ...
In 2024 alone, New York City’s business travel sector contributed $79 billion to the tourism industry, supported over 388,000 leisure and hospitality jobs, and generated more than $6.8 billion ...
From January 2008 to December 2012, if you bought shares in companies when Lloyd C. Blankfein joined the board, and sold them when he left, you would have a -40.6 percent return on your investment, compared to a -2.8 percent return from the S&P 500.
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