Mattress Firm, Inc., the nation's largest specialty bedding retailer, and Serta Simmons Bedding, LLC, the largest bedding manufacturer in the United States, jointly announced that the companies have entered into an initial five-year strategic partnership agreement.

SSB is the largest bedding manufacturer in the United States, with a network of more than 30 production facilities. As SSB previously announced, the company continues to expand its U.S. capacity with strategically located new sites, and is ready to meet Mattress Firm's product requirements in full.  

To kick-off this multi-year partnership, Mattress Firm and SSB will launch new and exclusive products with an unprecedented incremental $100 million marketing investment over the next eighteen months, to drive consumer awareness and interest. This joint advertising investment is in addition to Mattress Firm's annual advertising expenditure, and builds on significant investments that SSB is also making in driving awareness for its two iconic brands, Serta® and Beautyrest. 

The partnership builds on SSB's success in both the memory foam and hybrid mattress product categories with Mattress Firm. In the last year, SSB products have become the fastest growing product lines for the retailer. In the near future, Mattress Firm will offer new and exclusive collections from Serta and Beautyrest. These products are expected to deliver compelling value for the consumer, incorporating advanced features and innovations.

"We are excited to announce the strategic expansion of our long-standing partnership with Serta Simmons Bedding," said Ken Murphy, president and CEO of Mattress Firm. "With consumers more focused on sleep than ever before, they look to Mattress Firm as the leading specialty mattress retailer to offer innovative products at a compelling value. As a result of our recent partnership changes, we now have more flexibility than ever before to bring exciting and innovative products in all price bands to our customers.  With the consolidation of all of our stores under the Mattress Firm banner nationally nearly complete, we can now focus fully on improving value for all consumers, while driving the business forward." 

"We strongly value our partnership with Mattress Firm and are excited about the additional marketing investment which we believe will drive further consumer demand and expand our leadership in the marketplace," said Michael Traub, CEO of Serta Simmons Bedding. "With Serta and Beautyrest, we have two of the strongest sleep brands in the industry and we look forward to expanding our product presence in Mattress Firm stores this spring."