Daily News
From Home Furnishing Business
Sleep Country Canada Announces Successful Acquisition of Sleep Number
August 3,
2026 by Karen Parrish in Business Strategy, Industry 
Sleep Country Canada Inc. announced the successful completion of its acquisition of substantially all of the assets of Sleep Number, bringing together two iconic companies and marking the beginning of an exciting new chapter for sleep across North America.
Together, Sleep Country and Sleep Number now form the world's second-largest sleep retailer, combining category-leading brands, world-class expertise, breakthrough innovation and an unwavering commitment to helping millions of people achieve better sleep.
"This is one of the proudest days in our company's history," said Stewart Schaefer, president and CEO of Sleep Country.
"Today isn't about the completion of a transaction. It's about the beginning of a new future. For more than 30 years, Sleep Country has helped Canadians sleep better through exceptional customer experiences, trusted expertise, and a relentless focus on our customers. Sleep Number has transformed the industry through innovation and personalized sleep solutions that has changed the way millions of people sleep.”
Schaefer continues, “Today our stories become one. We have now created something truly special, built on world-class brands, extraordinary talent and a shared belief that better sleep changes lives. Together, we have the opportunity—and the responsibility—to redefine what great sleep looks like for millions of people across the Globe. That opportunity is what excites me most."
Customers will continue to enjoy the brands, products and experiences they know and trust while benefiting over time from greater choice, expanded capabilities and continued investment in innovation.
"Our ambition is clear," added Schaefer, "To build the most admired sleep companies in the World. Today isn't the finish line, it's the beginning of a new chapter, with many more to be written.”
The transaction was completed following the satisfaction of all customary closing conditions and approvals previously announced.