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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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Free diabetes screening at Sam's Club
To help encourage early detection of diabetes in communities around the United States, Sam’s Club Pharmacy will host free diabetes screenings to both members and non-members on Sept. 13 from 11 a.m. to 3 p.m.
The diabetes screenings are free, confidential and available to the public at all Sam’s Club locations with a pharmacy (599 locations). The screenings, valued at $250, include tests for:
