Sleep Country Canada Holdings Inc. Announces an Expansion of its Fulfillment Network with Two New Storage Hubs Located in Calgary, Alberta and Belleville, Ontario
June 28, 2021 at 05:00 pm EDT
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Sleep Country Canada Holdings Inc. announced an expansion of its fulfillment network with two new storage hubs located in Calgary, Alberta and Belleville, Ontario. This strategic infrastructure investment increases operational efficiencies, improves the opportunity for margin expansion and supports future years of planned aggressive growth. The two newly designed storage hubs add 278,000 square feet (12 million cubic feet) to the Company's existing network of 17 strategically located fulfillment centres and increase overall warehouse capacity by 65%, supporting Sleep Country's vision to drive operational and delivery efficiencies. Featuring advanced technology, these storage hubs will provide Sleep Country with efficiencies in fulfillment and distribution to support its growing direct import program for accessories and bed in a box, with expanded margins. They will also ensure flexibility in receiving, picking and packing inventory to service its expanding online business and establish the infrastructure required to fuel Sleep Country's aggressive future growth plans. The new storage hubs will reduce the Company's need to expand its existing fulfillment centre square footage in premium priced markets, clearly distinguishing and focusing on its competitive advantage to enhance its last mile just-in-time fulfillment centres from its storage facilities for inventory. Canadian customers shopping online and in-store will benefit from these new storage hubs through improved stock availability, expanded assortment and faster fulfillment options. Both storage hubs are planned to be fully operational this summer with the Calgary hub opening in July, followed by Belleville in August. These storage hubs, strategically located in proximity to the country's largest ports on the east and west coasts, will further enhance the direct import capability by receiving and housing a growing number of imported containers and serving as a more efficient breakpoint to deliver product quickly and effectively to the Company's fulfillment centre network.
Sleep Country Canada Holdings Inc. is an omnichannel specialty sleep retailer with a national retail store network and multiple ecommerce platforms. The Company has approximately 290 corporate-owned stores and 20 warehouses across Canada. It operates under retail brand banners, such as Sleep Country Canada, Dormez-vous, Endy, Hush, and Silk & Snow. Its Sleep Country Canada is an omnichannel mattress and bedding retailer and the specialty sleep products retailer operates in Canada, excluding Quebec. Dormez-vous has its omnichannel operations in Quebec. Endy is a direct-to-consumer online sleep solutions retailer and Hush is a digital sleep retailer. It offers a selection of mattresses, metal frames, lifestyle bases and an assortment of sleep-related products, which include pillows, pillowcases, sheets, blankets, throws, duvets, duvet covers, mattress toppers, mattress protectors, pet beds, sleep essentials, weighted blankets, headboards, bath towels, footboards, and platforms.
Sleep Country Canada Holdings Inc. Announces an Expansion of its Fulfillment Network with Two New Storage Hubs Located in Calgary, Alberta and Belleville, Ontario