Why Is Raleigh Being Infested By Mattress Stores? (Northwest: to buy, pharmacies)
Raleigh, Durham, Chapel Hill, CaryThe Triangle Area
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The market will determine if there are too many; supply and demand knows all.
However should I guess at the dynamics, the growth in the area feeds the need for new furniture and mattresses. Once the area max's out (in, say, another hundred years), businesses will stop opening up to take advantage.
I agree with that usually, but for some reason Mattress stores seem to defy that curve. Maybe they are really cheap to run so it's easy to start and their marketing is so low brow, accompanied with the constant going out of business sales (maybe supply and demand does know all or could just be sleazy marketing as they usually pop right back up again) it just makes them seem so much worse and more in number than they really are.
Please please please google "top problems with" "insert mattress company name here" before you ever ever think about buying a mattress. We were shocked at the shoddy industry. I did my homework and we are very pleased with the mattress we bought (and it was not from one of the shoddy corner vendors....) Some companies have over 10,000 complaints in one year alone. THAT should tell you something.
My conspiracy theory is that they are owned by the corner drugstores:
They are selling crappy mattresses to fuel the need for more pain meds. With a CVS or Walgreens on every other corner, they need to do something to keep up demand.
They close about as fast as they open. I think the people who own these chains simply bounce them around town from shopping center to shopping enter every year or two. The overhead of the actual store is low. Usually one or two employees and a couple dozen display mattresses, and then a central warehouse where they store them. Or probably like tire dealers, all getting them from a centralized warehouse/wholesaler in the area. No tire store typically carries 2,000 tires in the store. Most places have them shipped when you buy them, from somewhere across town.
There are a multitude of reasons. The below link references Manhattan, which has more Sleepy's Stores than it does Best Buys, but this seems to be a thread in many different places, from Manhattan to Northwest Indiana to Boise, Idaho to Raleigh.
There are a handful of reasons. Mattress stores are very profitable (50% margin on a mattress.) They don't have to warehouse much, many times only paying the manufacturer after they sell the mattress, and they don't need expensive retail space, as you don't window shop a mattress, only going into one when you decide you need to buy it. Also, people won't order one off the internet, at least not in good numbers.
Mattress stores have become my pet peeve, lol. Do we really need the supposed convenience of never having to drive more than a mile or so to buy a mattress? There used to be THREE mattress stores just in Beaver Creek, in Apex! Now they're down to two, which is still ridiculous.
And those obnoxious little signs stuck on the roadsides! Sheesh.
My thought is that there is SO much profit to be made in a mattress that all these guys want a piece of the action. Me, I bought mine online.
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