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UFownstSECsince1950
Florida Fan
Member since Dec 2009
31640 posts

Is The Mattress Firm a scam?
I’ve read online about the theories on them being money laundering businesses, but I don’t really care about that. Are their actual products extremely shitty?

They have a million stores everywhere, and each store only has a handful of reviews. All of the reviews seem extremely positive (especially when comparing with other mattress stores). Most of the stores near me seem very new, and the reviews are sketchy to read, and seem like they were possibly created by the managers.

Long story short, I’m looking for a new bed and visited a Mattress Firm. They are having a sale where you get any King sized bed for the price of a Queen. So right there I am getting $1,000 knocked off the price. They also told me they will give me 2 adjustable bases for free as well ($1,000 more knocked off). So not only are they taking several thousand off my cost, but they offer 0% financing for 5 years and I’d pay $40/month if I wanted.

Even if their prices are slightly higher than online stores, I doubt anyone can compete with $2,000+ off the price of a new bed. They will also throw in pillows, mattress protectors, etc as well.

Just seems too good to be true. Anyone purchased from them before?


jbgleason
LSU Fan
BTR, suck it all you haters
Member since Mar 2012
9815 posts

re: Is The Mattress Firm a scam?
Their margins must be insane to support a business where people only buy your product every five to seven years.


Packer
New Orleans
Member since May 2017
1565 posts

re: Is The Mattress Firm a scam?
I bought a king size mattress from them a couple of years ago from the one in Algiers. Free delivery, no sales tax, and free mattress cover. I don't remember what we paid, but it was cheaper than the queen mattress we had before that. 4 years later and we still have it and it is in great condition


DeafJam73
LSU Fan
Baton Rouge
Member since Sep 2010
9747 posts

re: Is The Mattress Firm a scam?
I did. They gave me the wrong matress. 10 kilos of heroin were stuffed inside.


The Mick
LSU Fan
Member since Oct 2010
35583 posts

re: Is The Mattress Firm a scam?
Mattress shopping is worse than used car shopping.


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150
chicano12
LSU Fan
Member since Jun 2010
618 posts

re: Is The Mattress Firm a scam?
You're lucky. I was only given 5.


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21
facher08
LSU Fan
Baton Rouge
Member since Aug 2011
1025 posts

re: Is The Mattress Firm a scam?
There was a thread on this when the story broke. I never paid attention to the stores before, but now I look inside every time i drive past one. It's true. I've never seen anyone in there except for a salesman sitting at his desk.


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50
LaBR4
LSU Fan
Baton Rouge
Member since Sep 2005
31813 posts

re: Is The Mattress Firm a scam?
quote:

I bought a king size mattress from them a couple of years ago from the one in Algiers


I bet there is cocaine inside your mattress


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NYCAuburn
Auburn Fan
TD Platinum Membership/SECr Sheriff
Member since Feb 2011
46909 posts

re: Is The Mattress Firm a scam?
quote:

Their margins must be insane to support a business where people only buy your product every five to seven years.


and the fact they have to warehouse and deliver these huge things. Yes margins on mattresses are extreme.


And yes to the op a lot of mattress franchises are used to launder cash


MLCLyons
Member since Nov 2012
1894 posts

re: Is The Mattress Firm a scam?
quote:

Their margins must be insane to support a business where people only buy your product every five to seven years.


I just read an article about mattress stores. Mattresses have one of the highest markups of any consumer product: around 80-85%. They barely have to sell any mattresses to run a profit.


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51
TurkeysAndBees
Member since Jan 2017
651 posts

re: Is The Mattress Firm a scam?
quote:

Their margins must be insane to support a business where people only buy your product every five to seven years.


I've wondered about this, too... and I doubt most people even replace mattresses the "recommended" 5 to 7 years ...more like 10 to 20 years in most cases I know of. But I agree that times I've shopped mattress only stores, I can't help but notice I'm usually the only customer, don't see how the could make money, and that something just seems to be strange about the whole business model in general.


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20
atxfan
LSU Fan
Member since Jul 2004
1401 posts

re: Is The Mattress Firm a scam?
Selling mattresses has always been a little bit of a slimy business but they are a legitimate business. I think they had a recent scandal involving some collusion on the real estate end of their business? But, that's separate from their mattress deals.


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TurkeysAndBees
Member since Jan 2017
651 posts

re: Is The Mattress Firm a scam?
quote:

....margins on mattresses are extreme... ....a lot of mattress franchises are used to launder cash...


Wow, not going to ask how you know this but mark up would have to be astronomical to keep the business afloat considering the almost non-existent foot traffic plus the microscopic turnover rate compared to the vast majority of retail products.


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ThuperThumpin
Member since Dec 2013
1798 posts

re: Is The Mattress Firm a scam?
Im very close to someone who works for Mattress Firm. The past few months have been shitty so maybe they are looking to cut some deals to get sales. The store managers have a lot wiggle room when it comes to pricing and their main goal is not let you walk so negotiate. The beds we bought are very comfortable.

From what I've been told they are actually a decent company to work for as far as how they treat their employees.


idlewatcher
Houston Astros Fan
Houston
Member since Jan 2012
31236 posts

re: Is The Mattress Firm a scam?
quote:

So not only are they taking several thousand off my cost, but they offer 0% financing for 5 years and I’d pay $40/month if I wanted.


Subtle brag that you can afford a bed?


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50
LSUsmartass
Pittsburgh Fan
Scompton
Member since Sep 2004
78423 posts

re: Is The Mattress Firm a scam?
They have wiggle room with icomforts? They wouldn't budge on those for me


Bmath
LSU Fan
LA
Member since Aug 2010
16127 posts
 Online 

re: Is The Mattress Firm a scam?
quote:

Their margins must be insane to support a business where people only buy your product every five to seven years.


Like a car dealership?


Tbobby
USA Fan
Member since Dec 2006
4002 posts

re: Is The Mattress Firm a scam?
quote:

every five to seven years.


you kidding?


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ThuperThumpin
Member since Dec 2013
1798 posts

re: Is The Mattress Firm a scam?
quote:

They have wiggle room with icomforts? They wouldn't budge on those for me


They can right now. The manufacturer limits their ability on that line but I just asked and was told they are on sale now.


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btown96
LSU Fan
Member since Nov 2009
37 posts

re: Is The Mattress Firm a scam?
quote:

I bought a king size mattress from them a couple of years ago from the one in Algiers. Free delivery, no sales tax, and free mattress cover. I don't remember what we paid, but it was cheaper than the queen mattress we had before that. 4 years later and we still have it and it is in great condition


NO SALES TAX?


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