Sleep Number Opens 500th U.S. Store

May 20, 2016  by in Industry, Store Openings   

Located in Eden Prairie, Minn., the store features the latest store design and experience, which is interactive, educational and distinctly different than other retailers. The company’s presence has evolved from a small kiosk in Rosedale mall in the Twin Cities in 1992 to a retailer with a national store footprint and products exclusively sold through Sleep Number stores and sleepnumber.com.

Investing in its retail stores has been a key priority for the company over the past five years. About half of Sleep Number stores are in non-mall locations and the other half in productive malls across the country. In 2016, the company expects to open nearly 50 net new stores. Sleep Number’s retail productivity of approximately $1,000 per square foot remains top ten among U.S. specialty retailers and is driven by a differentiated store experience with a modern store design. For the second year in a row, Sleep Number was recognized with the Silver Outstanding International Store Design Award from the Association of Retail Environments.

Nearly 30 years ago, Sleep Number transformed the mattress industry with the idea that ‘one size does not fit all’ when it comes to sleep. Today, the company is the leader in sleep innovation and ranked “Highest in Customer Satisfaction with Mattresses” in 2015 by J.D. Power.