Thursday, December 12, 2019

Chinese 'dumping' has slashed mattress prices, but at a cost to the U.S. bedding industry

USA Today
Dozens of Chinese companies flooded the American market with super-low-priced mattresses in recent years, selling them to retailers for as low as $18 in a bid to grab market share quickly, according to trade officials and mattress makers.

Consumers purchased the mattresses under brands like MLily and Linenspa at household national chains, online businesses, local retailers and mattress stores.

The dumping has further roiled an industry that has been bedeviled by disruption in recent years, including thousands of job losses, multiple bankruptcies and hundreds of store closures. . . . more