Jan. 6 at 4:54 PM
$PRPL “A 26-year-old, family-owned retailer, Mattress Factory, announced it was closing all of its stores. The owners pointed to retirement and growing competition from online sellers and large national brands as the main reasons for the shutdown. This development signaled broader challenges for traditional mattress retailers. While the U.S. mattress market was projected to grow, the environment appeared to favor bigger brands and e-commerce companies, creating a difficult landscape for other players in the sector.”
$SNBR
https://uk.finance.yahoo.com/news/why-sleep-number-snbr-shares-171650647.html