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The U.S. mattress and bedding sector has faced economic challenges over the last two years as sales have declined in the industry.
The mattress and stationary foundation market in 2024 declined 7.7% in sales to $9.2 billion for the year, and dropped 8.8% in units sold to about 36.5 million units, compared to the previous year, according to the International Sleep Products Association., Furniture Today reported.
The mattress and bedding downturn carried over into 2025 as sales for the first quarter of 2025 declined by 5.7%, totaling $2.4 billion, compared to $2.5 billion in the same period in 2024.
Total units sold in the first quarter also fell by 11.2% year-over-year to 8.7 million units compared to 9.7 units in 2024.
Sales for the second quarter of 2025 declined 4.3% in dollar value and 7% in unit volume, BedTimes reported on Sept. 5.
Mattress industry sales decline:
- Second Quarter 2025 sales: 4.3% decline.
- First Quarter 2025 sales: $2.4 billion, 5.7% decline.
- 2024 annual sales: $9.2 billion, 7.7% decline.
Major mattress companies have been proactive in streamlining operations in response to economic issues to cut expenses and avoid any serious consequences, such as bankruptcy.
Related: 155-year-old mattress firm shuts down factory, no bankruptcy
The mattress industry’s second-largest company Serta Simmons Bedding told its employees on Sept. 4 that it is closing down its Falconer, N.Y., manufacturing facility by Oct. 31 and laying off 84 workers, WRFA-FM radio reported.
Serta Simmons closed 8 factories
The Falconer factory closing will be Serta Simmons’ eighth factory closing since 2022.
The Doraville, Ga.-based mattress manufacturer and distributor also revealed in June that it would shut down its Moreno Valley, Calif., factory and lay off 180 workers by Sept. 30.
Serta and Simmons became jointly owned in 2010 and merged into one company in 2016.
Another nationwide mattress manufacturer is also shutting down a factory to eliminate an unnecessary facility.
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3Z Brands shuts down Oregon factory
Major mattress manufacturer 3Z Brands will close its Tualatin, Ore., factory at the end of October as part of a consolidation of operations following its purchase of iconic mattress maker Southerland in December 2024, Furniture Today reported.
3Z Brands, based in Glendale, Ariz., has not revealed the number of employees that it will lay off at the Tualatin manufacturing facility, but the company has said that fewer than 30 employees will be affected.
Closing is part of a strategic consolidation
The 75,000 square-foot factory’s closing is part of 3Z’s strategic consolidation, which will include an expansion of its Phoenix facilities to almost 1 million square feet of manufacturing space.
The Oregon factory had been purchased by Southerland in 2018 from a regional, family-run mattress company, Tualatin Sleep Products.
3Z Brands last year acquired Southerland and its four production and distribution facilities in Tennessee, Phoenix, Oklahoma, and Oregon.
“The acquisition of Southerland enables the strategic expansion of our nationwide manufacturing footprint, positioning 3Z to serve a new group of wholesale customers from a geographic perspective while also reducing delivery costs and timelines for our e-commerce customers,” 3Z CEO John Merwin said in a statement.
3Z’s sleep brands:
- Southerland
- Helix
- Brooklyn Bedding
- Leesa
- Birch
- Bear
- Nolah
The acquisition allowed 3Z Brands to expand its nationwide manufacturing footprint to a new group of wholesale customers and reduce delivery costs and timelines for its e-commerce customers, according to a statement at the time.
More closings:
- Major furniture manufacturer closes down, no bankruptcy
- Iconic pizza chain’s franchisees close multiple restaurants
- Iconic retail chain closing over 100 stores in bankruptcy
Southerland, which was established in 1893, produced its mattresses for brick-and-mortar retailers in 43 states, which 3Z has continued.
3Z operates manufacturing facilities in Tennessee, Oklahoma, and two in Phoenix.
In addition to the Southerland brand, the Phoenix-based company produces a portfolio of sleep brands, including Helix, Brooklyn Bedding, Leesa, Birch, Bear, and Nolah.
Related: 50-year-old furniture manufacturer closed down, no bankruptcy
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