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Sleep Number filed for bankruptcy in New York on June 12 with about $672 million in debt, blaming inflation, tariffs and supply chain disruptions forcing the court-supervised process. The smart-bed ...
National mattress retailer Sleep Number has filed for bankruptcy and may soon merge with a foreign competitor. Last week, the Minnesota-based mattress maker entered into an agreement to combine with ...
Despite a major new marketing campaign, a brand reset and extensive product innovation, it could be lights out for the Sleep Number Corp. The mattress retailer, which posted a $50 million loss last ...
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Mattress maker Sleep Number Corp. filed bankruptcy with an agreement to sell the firm to one-time retail partner Sleep Country Canada Inc. after years of weak demand, mounting financial pressure and ...
Sleep Number (SNBR) has agreed to merge with Sleep Country Canada to form a North American mattress and bedding company, expanding its footprint across the United States and Canada. Through this ...
Sleep Number filed for bankruptcy protection on Friday, having run out of time to turn the company around after a disastrous post-pandemic decision to stick with the high-end mattress market. The ...