Casper and Purple are looking for alternative ways to get into bed with customers. Plus, The RealReal focuses on business improvement before continuing its retail expansion, and Etsy’s Star Seller program could discourage new sellers from joining the platform. Data: $50M: Amount of sales Purple...
Direct-to-consumer (D2C) mattress brands Purple Innovation and Casper Sleep are losing sleep over supply chain issues amid increasing demand for their products as consumers remain focused on home, health and wellness coming out of the COVID-19 pandemic. For Casper, which recorded a record $152 million...
Casper Sleep is appointing several new members to its executive leadership team. Charles Liu will serve as chief operating officer, Dara Williams will be chief people and diversity officer, and George Poulios will serve as vice president of retail, real estate and store development. “We...
Casper Sleep Inc. has teamed with Nordstrom, Inc. to bring its products to shoppers through the web and at certain retail locations, according to a Tuesday (Nov. 10) announcement. Shoppers will have the ability to purchase Casper’s mattresses and sleep accessories through the web at...
May 03, 2017
A change is brewing in the U.S. retail mattress space. Like consumers have seen in most other markets over the last few years, mattress sales have begun to move online. To some, the transition may seem a bit odd. Unlike purchasing digital goods, food or a new winter coat on the web, the customer journey […]
November 15, 2021
Casper Sleep Inc. announced on Monday (Nov. 15) that it has agreed to be acquired by Durational Capital Management in a deal that will take the mattress company private. Durational Capital will pay $6.90 per share, a 94% premium over the closing price on Friday (Nov. 12), the last trading day before the announcement was […]
February 04, 2021
Casper Sleep is appointing several new members to its executive leadership team. Charles Liu will serve as chief operating officer, Dara Williams will be chief people and diversity officer, and...
November 10, 2020
Casper Sleep Inc. has teamed with Nordstrom, Inc. to bring its products to shoppers through the web and at certain retail locations, according to a Tuesday (Nov. 10) announcement. Shoppers...
August 19, 2020
Mattress retailer Casper Sleep Inc. hopes to raise $300 million for a blank-check company, as shares of the New York-based firm have fallen by nearly 38 percent since its February debut. ...