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From Home Furnishing Business
Somnigroup International Announces Supply Arrangements with Manufacturers
May 6,
2025 by Karen Parrish in Business Strategy, Industry
Somnigroup International Inc. provided an update with respect to the Company's U.S. retail operations at Mattress Firm, Inc. Mattress Firm is the largest mattress specialty retailer in the US. The Company announced today that Mattress Firm has signed supply arrangements with two leading bedding manufacturers.
Mattress Firm has entered into supply arrangements with Purple Innovation, Inc. and Leggett & Platt, Inc. These arrangements are for distribution and development of mattresses, foundations and other bedding related products across a range of price points that are consistent with Mattress Firm's customer focused merchandising plan. The expanded assortment of products is expected to be available at Mattress Firm starting in late 2025 and 2026.
Somnigroup Chairman and CEO Scott Thompson remarked, "We are excited Mattress Firm shoppers can find these innovative and high-quality products from Purple and Leggett & Platt. This assortment is complementary to our Tempur-Pedic, Sealy, Stearns & Foster and Sleepy's branded products, providing customers across the country with an enhanced selection of differentiated products to meet their sleep needs."
Thompson further added, "These products, and others, ensure Mattress Firm will meet its objective of servicing customers with different needs and preferences while also optimizing Somnigroup's owned brands."