Sleep Country Canada
Sleep Country Canada Holdings Inc. is a Canadian mattress retailer and with over 250 stores operating in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, New Brunswick, Prince Edward Island and Nova Scotia. In 2006, the company was ranked one of the top 50 companies to work for in Canada by ''the Globe and Mail''. It is best known for its radio jingle, "Why buy a mattress anywhere else? Ding!" Sleep Country USA (now called Mattress Firm), an unaffiliated company, uses the same jingle. History In 1994, the three partners Christine Magee, Stephen K. Gunn and Gordon Lownds launched the first four Sleep Country locations in Vancouver. By 1996, the chain had expanded to Toronto with 19 new stores. Growth continued at quick rate. By 2001, the company had 72 stores in six regional markets and an estimated 40% of the market in regions where it operated. In 2003, Sleep Country converted into an income trust, and raised nearly in an initial public offering. In Jan ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Bed Frame
A bed frame or bedstead is the part of a bed used to position the bed base, the flat part which in turn directly supports the mattress(es). The frame may also stop the matresses from sliding sideways, and it may include means of supporting a canopy above. Bed frames are typically made of wood or metal. A bed frame includes head, foot, and side rails. Most double (full) sized beds, along with all queen and king size beds, require some type of center support rail, typically also with extra feet extending down to the floor. The term "bed frame" was first used in 1805-1815. Not all beds include frames; see bed base. Brass beds Brass beds are beds in which the headboard and footboard are made of brass; the frame rails are usually made of steel. Brass beds can be made of 100 per cent brass or of metals that have been brass-plated. The brass used in making brass beds is usually 70 per cent copper and 30 per cent zinc. The ratio of metals may vary between manufacturers. Brass beds ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Income Trust
An income trust is an investment that may hold equities, debt instruments, royalty interests or real properties. They are especially useful for financial requirements of institutional investors such as pension funds, and for investors such as retired individuals seeking yield. The main attraction of income trusts (in addition to certain tax preferences for some investors) is their stated goal of paying out consistent cash flows for investors, which is especially attractive when cash yields on bonds are low. Many investors are attracted by the fact that income trusts are not allowed to make forays into unrelated businesses: if a trust is in the oil and gas business it cannot buy casinos or motion picture studios. The names ''income trust'' and ''income fund'' are sometimes used interchangeably, even though most trusts have a narrower scope than funds. Income trusts are most commonly seen in Canada. The closest analogue in the United States to the business and royalty trusts would be ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Mattress Firm
Mattress Firm Inc. is an American mattress store chain founded on July 4, 1986. The headquarters of the company is located in Houston, Texas. Business Before its bankruptcy in 2018, the company operated over 3,600 locations in 48 U.S. states. Mattress Firm has been owned by Steinhoff Holdings since 2016. On October 5, 2018, Mattress Firm filed for Chapter 11 bankruptcy. The company planned to break 700 lease contracts by closing 200 unprofitable stores as soon as possible and was considering closing the other 500 stores out of the more than 3,300 it operated at that time. In November 2018, Mattress Firm emerged from Chapter 11 bankruptcy. In 2019, Mattress Firm appointed John Eck as CEO. In March 2020, Mattress Firm was one of several retailers to announce they would not pay some or all of their rent in April. Acquisitions Mattress Pro In 2007, Mattress Firm acquired the mattress retailer Mattress Pro, which operated locations in the Southern United States (Texas & Nevad ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Jingle
A jingle is a short song or tune used in advertising and for other commercial uses. Jingles are a form of sound branding. A jingle contains one or more hooks and meaning that explicitly promote the product or service being advertised, usually through the use of one or more advertising slogans. Ad buyers use jingles in radio and television commercials; they can also be used in non-advertising contexts to establish or maintain a brand image. Many jingles are also created using snippets of popular songs, in which lyrics are modified to appropriately advertise the product or service. History The Wheaties advertisement, with its lyrical hooks, was seen by its owners as extremely successful. According to one account, General Mills had seriously planned to end production of Wheaties in 1929 on the basis of poor sales. Soon after the song "Have you tried Wheaties?" aired in Minnesota, however, sales spiked there. Of the 53,000 cases of Wheaties breakfast cereal sold, 40,000 were ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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The Globe And Mail
''The Globe and Mail'' is a Canadian newspaper printed in five cities in western and central Canada. With a weekly readership of approximately 2 million in 2015, it is Canada's most widely read newspaper on weekdays and Saturdays, although it falls slightly behind the ''Toronto Star'' in overall weekly circulation because the ''Star'' publishes a Sunday edition, whereas the ''Globe'' does not. ''The Globe and Mail'' is regarded by some as Canada's " newspaper of record". ''The Globe and Mail''s predecessors, '' The Globe'' and ''The Mail and Empire'' were both established in the 19th century. The former was established in 1844, while the latter was established in 1895 through a merger of ''The Toronto Mail'' and the ''Toronto Empire''. In 1936, ''The Globe'' and ''The Mail and Empire'' merged to form ''The Globe and Mail''. The newspaper was acquired by FP Publications in 1965, who later sold the paper to the Thomson Corporation in 1980. In 2001, the paper merged with broadcast ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Retail
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a very ancient history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the provision ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Mattress
A mattress is a large, usually rectangular pad for supporting a lying person. It is designed to be used as a bed, or on a bed frame as part of a bed. Mattresses may consist of a quilted or similarly fastened case, usually of heavy cloth, containing materials such as hair, straw, cotton, foam rubber, or a framework of metal springs. Mattresses may also be filled with air or water. Mattresses are usually placed on top of a bed base which may be solid, as in the case of a platform bed, or elastic, such as an upholstered wood and wire box spring or a slatted foundation. Popular in Europe, a divan incorporates both mattress and foundation in a single upholstered, footed unit. Divans have at least one innerspring layer as well as cushioning materials. They may be supplied with a secondary mattress or a removable "topper". Mattresses may also be filled with air or water, or a variety of natural fibers, such as in futons. Kapok is a common mattress material in Southeast Asia, and coi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Endy Sleep
Endy Sleep (also known as just Endy) is a Canadian-based, e-commerce company that sells sleep products online. Endy primarily operates as an online storefront, with their main headquarters in Toronto. Endy is Canada's largest direct online-only mattress store. In November 2018Endy Sleep was acquiredby Sleep Country Canada and will continue to operate as an independent subsidiary. History Endy was founded in 2015 by CEO Mike Gettis and Chairman Rajen Ruparell (previously of Groupon International). In its start up year, Endy made $1 million in sales, $10 million in 2016, and $20 million in 2017."Dragons' Den - Endy Sleep" ''CBC''. Accessed 3 Aug 2018. In June 2016, Endy received the Techweek100 Top Innovators Award. In 2017, Endy appeared on CBC [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Gordon Lownds
Gordon Lownds (born 1947/48), co-Founder of Sleep Country Canada and Listen Up! Canada, is a successful Canadian entrepreneur. Gord Lownds was born and raised in Toronto, Ontario, Canada. He earned a Bachelor of Arts degree in Philosophy from York University and an MBA from the University of Toronto. In an interview with Business Edge News Magazine, Lownds describes his early career, "I started working at 15 as a barker at a carnival, and found out at that point that I enjoyed working. I was also a professional rock musician for a couple of years, playing bass and guitar. Then, I started my legitimate business career with Consumers Distributing in 1970 in a warehouse and worked my way up to the management team there." He moved towards work in consulting and investment banking. He managed the strategic management practice at DMR & Associates. Later Lownds became a partner at Paradigm Consulting Inc. In 1988, he left that company to start Kenrick Capital, a boutique investment ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |