Mattress Firm Holding Corp : Mattress Firm Completes Acquisition of Mattress Giant
05/02/2012| 04:05pm US/Eastern
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Company is Now the Largest Bedding Retailer in the United States
Mattress Firm Holding Corp. (NASDAQ: MFRM), a leading retailer of
mattresses and accessories in the United States, announced the
completion of its acquisition of regional bedding company, Mattress
Giant Holding Corp. With the acquisition, Mattress Firm expects to
operate an additional 180 stores in seven markets throughout Texas and
Florida, the two largest states in which Mattress Firm currently
operates. As a result of this transaction, Mattress Firm has become the
largest bedding retailer of mattresses and accessories in the United
States.
Mattress Firm expects to rebrand and transition Mattress Giant stores
into Mattress Firm stores and is beginning the process of outfitting the
newly acquired stores with Mattress Firm's product offerings and its
unique "Comfort by Color®" merchandising approach. Mattress Giant
employees will be trained and educated on Mattress Firm's selling
programs and point of sale systems.
About Mattress Firm
Houston-based Mattress Firm (NASDAQ: MFRM) is a leading bedding retailer
offering a broad selection of both traditional and specialty mattresses,
and bedding accessories from leading manufacturers. With more than 1,000
company-operated and franchised locations across 26 states (including
the stores acquired as a result of the Mattress Giant acquisition
described above), Mattress Firm has the largest geographic footprint in
the United States among bedding retailers. Mattress Firm offers
customers comfortable store environments, guarantees on price, comfort
and service, and highly-trained sales professionals.
Investor Relations:
Brad Cohen, 713.343.3652
ir@mattressfirm.com
or
Media:
Sari
Martin, 203.682.8345
mattressfirm@icrinc.com
© Business Wire 2012
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