The Minneapolis-based mattress maker entered Chapter 11 with $672 million in debt, blaming tariffs and inflation for its ...
Sleep Country Canada is the stalking horse bidder for the struggling 40-year-old retailer, which is known for its adjustable mattresses.
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 ...
In court filings, Sleep Number listed debts of $1.3 billion. Sales were down 19% in the last quarter as the company continues to struggle.
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 ...