American Mattress nears 90 storefronts with Michigan retail acquisition.
2023-05-31
Elk Grove Village, Ill. — Bedding retail specialist American Mattress added 20 stores to its rolls when it acquired Michigan-based U.S. Mattress. The acquisition, which took place about four weeks ago, went for an undisclosed price.
Mike Kenna, who has owned the 35-year-old mattress retailer for the past 25 years, said incorporating U.S. Mattress into the American Mattress family, plus another pair of scheduled store openings, will bring it to around 90 storefronts between the greater Chicago area, the greater Indianapolis area, the Detroit metro and Florida. A Michigan-area distribution center was also part of the purchase, giving American Mattress distribution centers in all of its key markets.
“The acquisition is right in our backyard. We have stores in Fort Wayne, Ind., which is on the border of Michigan, and we deliver to Michigan often,” Kenna told Furniture Today. “We’re excited to serve the greater Detroit area.”
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