Sleep Train charges on

Article Abstract:

Sleep Train, a furniture retailing company founded by Dale Carlsen in Sacramento, CA, in June 1985 using a few thousand dollars of his savings, has grown into a 42-store chain in just 13 years. Thirty seven of the company's 42 stores conduct business under the Sleep Train while the five others, three of them are in Sacramento and two in Seattle, WA, operate as Boxcar Bedding. Sleep Train stores, which offer a broader assortment of upper-end models, target value-oriented customers while Boxcar Bedding outlets are aimed at price-oriented customers. Sleep Train reported revenues of $25 million in 1997, up by almost 100% from 1996's $13 million.

Comment:

Grows into a 42-store chain in just 13 years

Strategy & planning, Furniture Stores, Article, Sleep Train

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Sealy IPO rakes in $448M

Article Abstract:

The details on Sealy Corp., which secured $448 million through initial public offerings of common stock, are presented.

Securities issued, listed, Mattresses and bedsprings, Securities, Company securities, Mattress industry, Sealy Corp.

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