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Mattress Lot viewed from 24th Avenue and Sandy Boulevard

Mattress Lot is a privately owned mattress and home furnishings retailer based in Portland, Oregon. The company was founded on January 2, 2010, by Michael and Mary Ruth Hanna, husband and wife.

History

Michael Hanna was laid off from Comcast Cable in May 2009. The Portland couple borrowed $8,000 and bought a truckload of Sealy Factory 2nd mattresses. They leased space inside an out-of-business car dealership, and opened Mattress Lot on January 2, 2010. The business turned a profit within the first six months. [1] Owner, Michael Hanna, went on to speak about his experience at a Ted X Conference held at Concordia University. [2]

In May 2011, Mattress Lot trademarked the logo and slogan "A Lot More Mattress for Less". In the same month, they were named 'Dealer of the Year' by Oregon Mattress Company.

References

  1. ^ "Unemployment drives man into mattress sales". Furniture Today. June 14, 2010. Retrieved May 26, 2015.
  2. ^ "TEDxConcordiaUPortland - Michael Hanna - The Mattress Lot". Tedxtalks.ted.com. Retrieved May 26, 2015.

External links