By David Perry -- Furniture Today, August 10, 2008
HIGH POINT — The No. 1 bedding retailer in the country slipped a bit last year, but still stands unchallenged at the top of the mattress sales pyramid.
Minneapolis-based Select Comfort, the airbed producer and retailer, once again reigns supreme as the nation's largest bedding retailer. It finished 2007 with bedding sales of $624 million, down 4.6% from the previous year, but is still the only retailer to crack the $600 million mark.
Fast-growing Sleepy's, which posted a 12.8% sales gain last year, once again occupies the No. 2 position, with 2007 sales estimated by Furniture/Today at $485 million.
*For the complete story, see our Aug. 11 print issue. To order the exclusive electronic report, click here.
About the numbers
HIGH POINT — This exclusive survey ranks the Top 25 bedding retailers based on estimated 2007 sales of conventional mattresses and boxsprings, as well as foam bedding, futons, air beds, adjustable beds and waterbeds. Estimated figures do not include sales of headboards, frames, mattress pads, pillows and other related products.
All sales figures, except those of publicly held companies that break out bedding sales as a separate line of business, are Furniture/Today market research estimates. Data is based on the 12-month period ending closest to Dec. 31, 2007. Company notes include the date of the fiscal year end or the 12-month periods that deviate from that date.
Sales estimates were derived from a variety of sources, including the recently published ranking of the Top 100 furniture stores, the companies themselves, discussions with industry suppliers and analysts and public company filings with the Securities and Exchange Commission.
In cases of identical 2007 sales, the retailer with the fastest sales growth is ranked higher.
The ranking was compiled by Executive Editor David Perry, Senior Research Specialist Dana French and Research Specialist Diane Hoth, with assistance from Database Coordinator Cynthia Myers.
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