What To Expect From The Tuft & Needle, Serta Simmons Bedding Merger
A Phoenix-based mattress industry disruptor is merging with a long-running powerhouse competitor.
Tuft & Needle will combine with Serta Simmons Bedding to form SSB. Tuft and Needle co-founder JT Marino says the new company will affect the industry in a dramatic way.
So is there more to come, as we’re less than two weeks away from Labor Day — typically one of the mattress industry’s most important days?
Seth Basham, equity research analyst at Wedbush Securities, joined The Show to talk about that.