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Episode 14: The Case of the Multiplying Mattress Firms

Episode 14: The Case of the Multiplying Mattress Firms

Released Sunday, 12th July 2020
 3 people rated this episode
Episode 14: The Case of the Multiplying Mattress Firms

Episode 14: The Case of the Multiplying Mattress Firms

Episode 14: The Case of the Multiplying Mattress Firms

Episode 14: The Case of the Multiplying Mattress Firms

Sunday, 12th July 2020
 3 people rated this episode
Rate Episode

Before the days of online retailers, there were mattress stores. A lot of them. Right across the street from each other. Often empty.  Usually owned by the same company.

Why were there so many Mattress Firms? Why were they so close to one another? Could the stores be a front for an illicit money laundering scheme? 

Was it just a weird marketing strategy, or was there something more sinister behind it?





Sources:


https://www.reddit.com/r/AskReddit/comments/7s36ub/what_conspiracy_theory_do_you_100_buy_into_and_why/dt215gv/


https://thenextweb.com/distract/2018/01/22/this-mysterious-conspiracy-theory-about-mattresses-is-everything-we-love-about-reddit/


http://www.berkshirepartners.com/mattress-firm-announces-proposed-changes-to-its-board-of-directors


https://www.vault.com/company-profiles/retail/mattress-firm#:~:text=Company%20Background,11%20bankruptcy%20in%20late%202018.


https://en.wikipedia.org/wiki/Mattress_Firm


https://kfor.com/news/why-are-there-so-many-mattress-stores-and-how-do-they-stay-in-business/


http://www.berkshirepartners.com/steinhoff-completes-tender-offer-for-outstanding-shares-of-mattress-firm


https://www.chicagotribune.com/business/ct-chicago-mattress-stores-0717-biz-20160715-story.html


https://boisedev.com/news/2016/6/21/boise-dev-mattress-firm-retail/


https://www.businessinsider.com/mattress-firm-conspiracy-grows-after-accounting-problems-2018-1


https://www.businessinsider.com/mattress-firm-closes-stores-conspiracy-theory-2018-10


https://media.thinknum.com/articles/mattress-firm-stores-proximity/


https://www.scribd.com/document/389077330/Mattress-Firm-lawsuit-against-Levy-Vinson-Deitch-et-al


https://freakonomics.com/podcast/mattress-store-bubble/


https://www.reddit.com/r/AskReddit/comments/7s36ub/what_conspiracy_theory_do_you_100_buy_into_and_why/dt215gv/


https://www.cnn.com/2018/10/06/business/mattress-firm-bankruptcy-casper/index.html


https://qz.com/1416087/mattress-firm-bankruptcy-shows-americans-hate-mattress-shopping/


https://www.texasmonthly.com/the-daily-post/why-there-are-so-many-mattress-stores-everywhere-in-texas/


https://www.chron.com/business/retail/article/Mattress-Firm-sues-bed-in-a-box-competitor-for-12285703.php


https://www.steinhoffinternational.com/who-we-are-and-what-we-do.php


https://www.reuters.com/article/us-steinhoff-intln-accounts/pwc-investigation-finds-7-4-billion-accounting-fraud-at-steinhoff-company-says-idUSKCN1QW2C2


https://www.cnbcafrica.com/insights/steinhoff/2018/06/28/steinhoff-rise-fall/


https://www.accountingtoday.com/articles/steinhoff-pays-for-pwc-to-help-south-african-police-graft-probe


https://www.steinhoffinternational.com/downloads/2018/Restatement-of-financial-statements-of-subsidiary-companies-2Jan2018.pdf


https://www.news24.com/fin24/Companies/Retail/a-steinhoff-guide-for-dummies-20171208

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