Somnigroup International (SGI) provided an update with respect to the company’s U.S. retail operations at Mattress Firm. Mattress Firm is the largest mattress specialty retailer in the U.S. The company announced that Mattress Firm has signed supply arrangements with two leading bedding manufacturers. Mattress Firm has entered into supply arrangements with Purple Innovation (PRPL) and Leggett & Platt (LEG). 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.
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