The retailer has won court approval to sell its assets for $701 million after a bidding war pushed the price almost $287 million higher than the company's initial offer.

If you're looking to invest in an adjustable air mattress, be cautious, as one of the most popular and highest-rated brands ...

Mattress retailer Sleep Number received a bankruptcy court's approval on Monday ‌to sell its assets to retailer Sleep Country ...

Mattress company Sleep Number filed for bankruptcy on Friday and plans to sell its assets under a $415 million buyout offer from a Canadian bedding company.

Sleep Country had already agreed to buy the U.S. mattress maker and retailer ahead of its bankruptcy last month.