Sleep Number filed for bankruptcy in New York on June 12 with about $672 million in debt, blaming inflation, tariffs and supply chain disruptions forcing the court-supervised process. The smart-bed ...

Sleep Number (SNBR) has agreed to merge with Sleep Country Canada to form a North American mattress and bedding company, expanding its footprint across the United States and Canada. Through this ...

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Mattress maker Sleep Number Corp. filed bankruptcy with an agreement to sell the firm to one-time retail partner Sleep Country Canada Inc. after years of weak demand, mounting financial pressure and ...

Sleep Number Corporation (SNBR) is preparing for a potential Chapter 11 bankruptcy filing as it struggles under a heavy debt load and weakening financial performance, according to The Wall Street ...

Mattress maker Sleep Number Corp. announced Friday that it has filed bankruptcy, with an agreement to sell the firm to one-time retail partner Sleep Country Canada Inc. after years of weak demand, ...

Sleep Number filed for bankruptcy protection on Friday, having run out of time to turn the company around after a disastrous post-pandemic decision to stick with the high-end mattress market. The ...

Despite a major new marketing campaign, a brand reset and extensive product innovation, it could be lights out for the Sleep Number Corp. The mattress retailer, which posted a $50 million loss last ...

As the nation’s investors flexed their muscle by paying for the largest public offering in history with SpaceX, Minnesotans got a jolting reminder of the economy’s fragility on Friday with the ...

Mattress maker Sleep Number has filed for chapter 11 bankruptcy with a deal in hand to be acquired by Sleep Country Canada for $415 million. Sleep Number said Sleep Country Canada, which was taken ...

MINNEAPOLIS — Sleep Number has entered into an agreement to merge with Sleep Country Canada to become the leading mattress manufacturer in North America. The Minneapolis-based company said Friday it ...