TORONTO — Sleep Country Canada Inc. says it has completed its acquisition of Sleep Number. The Toronto-based retailer says the deal will make it the second-largest sleep retailer in the world. Earlier in July, Sleep Country announced plans to expand into the U.S. market with the acquisition of Sleep Number following a court-supervised sale process. Documents filed in U.S. Bankruptcy Court say Sleep Country agreed to pay about US$702 million for the assets. Minneapolis-based Sleep Number announced in June that it entered into an agreement to combine with Sleep Country and initiated a voluntary bankruptcy sale process. As of June, Sleep Number had more than 570 stores across the United States. This report by The Canadian Press was first published July 31, 2026 The Canadian Press
