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Speed Commerce taps former Oracle exec as VP of global sales and marketing
Speed Commerce, a leading provider of omnichannel e-commerce services, has appointed former Oracle executive Mark Steele as the company's VP of global sales and marketing.
Steele boasts more than two decades of sales experience with a proven track record of success in firms ranging from Global Fortune 100 to early and mid-stage venture backed startups.
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Mattress Firm to buy 310-store Sleep Train for $425 million
Houston -- In a deal that will create a national specialty bedding retail powerhouse, Mattress Firm Holding Corp. has agreed to acquire rival The Sleep Train Inc. for about $425 million. As part of the deal, Mattress Firm said that it will also assume certain additional liabilities totaling about $15 million.
Sleep Train operates approximately 310 specialty mattress stores, primarily in California, Oregon, and other Western states. It reported net sales of $471 million for the 2013 fiscal year.

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