Mattress Firm Deals for Factory Mattress & Water Bed Outlet
December 6, 2012,
HOUSTON-Mattress Firm has signed an agreement to acquire the assets and operations of Factory Mattress & Water Bed Outlet of Charlotte for $11.2 million.
A Mattress Firm statement said the closing of the deal is expected to take place by the end of the fiscal fourth quarter, or about the end of January. Factory Mattress & Water Bed Outlet has 28 mattress specialty stores in North Carolina and South Carolina, all branded as Mattress Source. Mattress Firm said it intends to rebrand the stores as Mattress Firm subsequent to the closing.
Other Articles By Author
HFN Launches Interactive Idea Book
HFN's DIGITAL EDITION
COVER STORY: HFN Turns 90
We commemorate HFN's 90th anniversary by paying tribute to the iconic retailer and supplier brands--and the people--that have helped the industry flourish, then and now.
ALSO IN THIS ISSUE:
- Up & Coming Leaders - The home industry is in capable and visionary hands as this year’s 40 Under 40 list attests. Today’s young leaders span all disciplines and varied levels of operation.
- Omnichannel Retailing - In the Mobile App World, Time is Money