This article relies largely or entirely on a single source .(January 2020) |
Company type | Public |
---|---|
NYSE: TPX S&P 400 Component | |
Industry | Furnishings |
Founded | 2012 (merger of Sealy Corporation into Tempur-Pedic) |
Headquarters | , |
Key people | Scott L. Thompson (Chairman, President and CEO) |
Products | Bedding |
Brands | Sealy Posturepedic Tempur Tempur-Pedic Stearns & Foster Bassett |
Revenue | US$4.930 billion (FY 2021) [1] |
US$912.3 million (FY 2021) [1] | |
US$624.5 million (FY 2021) [1] | |
Total assets | US$4.323 billion (FY 2021) [1] |
Total equity | US$285.8 million (FY 2021) [1] |
Number of employees | 12,000 (As of Dec. 31, 2021) [1] |
Subsidiaries | Sealy Corporation Tempur-Pedic Dreams |
Website | www.tempursealy.com |
Tempur Sealy International, Inc. is an American manufacturer of mattresses and bedding products.
The company was formed when Tempur-Pedic International, a manufacturer of memory foam mattresses acquired its biggest competitor Sealy Corporation in 2012. [2] [3] It is based in Lexington, Kentucky.
In May 2023 Temper Sealy sought to acquire mattress retailer Mattress Firm for a reported $4 billion. However in July 2024 the deal was blocked by the FTC due to concerns about it's impact on competition in the space. [4]
Office Depot, Inc. is an American office supply retailer headquartered in Boca Raton, Florida. The company operates 1,400 retail stores in the United States under the Office Depot and OfficeMax brands, as well as e-commerce sites and a business-to-business sales organization. The company has combined annual sales of approximately $11 billion, and employs about 38,000 people in the United States.
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A mattress is a large, usually rectangular pad for supporting a lying person. It is designed to be used as a bed, or on a bed frame as part of a bed. Mattresses may consist of a quilted or similarly fastened case, usually of heavy cloth, containing materials such as hair, straw, cotton, foam rubber, or a framework of metal springs. Mattresses may also be filled with air or water.
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Memory foam consists mainly of polyurethane with additional chemicals that increase its viscosity and density. It is often referred to as "viscoelastic" polyurethane foam, or low-resilience polyurethane foam (LRPu). The foam bubbles or ‘cells’ are open, effectively creating a matrix through which air can move. Higher-density memory foam softens in reaction to body heat, allowing it to mold to a warm body in a few minutes. Newer foams may recover their original shape more quickly.
Tempur-Pedic International, Inc., now part of Tempur Sealy International, is a manufacturer and distributor of mattresses and pillows made from viscoelastic foam. The company is headquartered on the Coldstream Research Campus in Lexington, Kentucky and has manufacturing plants in Duffield, Virginia and Albuquerque, New Mexico.
Sleep Number Corporation is an American manufacturer that makes the Sleep Number and Comfortaire beds, foundations and bedding accessories. The company is based in Minneapolis, Minnesota. In addition to its Minnesota headquarters, Sleep Number has manufacturing and distribution facilities in South Carolina and Utah. As of 2023, the company employed 5,515 people across the United States.
The Simmons Bedding Company is an American major manufacturer of mattresses and related bedding products, based in Atlanta, Georgia. The company was founded in 1870. Simmons' flagship brand is Beautyrest. In addition to operating 18 manufacturing facilities in the United States and Puerto Rico, the company licenses its products internationally. According to a Simmons press release, net sales for 2005 were $855 million, and its revenue was $1.13 billion in 2007 and $1.228 billion in 2013. In 2011, Simmons ranked in third place among U.S. mattress manufacturers, with a 15.7 percent market share. In 2012, Simmons and its sister company Serta International were acquired by American private equity company Advent International. As of 2022, Simmons is a subsidiary of the American company Serta Simmons Bedding, LLC of Doraville, Georgia. On January 23, 2023, Serta Simmons Bedding filed for Chapter 11 bankruptcy.
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Mattress Firm Inc. is an American mattress store chain founded on July 4, 1986. The headquarters of the company is located in Houston, Texas.
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