PYMNTS-MonitorEdge-May-2024

Stitch Fix’s Freestyle Approach, Mattress Firm Weighs IPO, Consumers’ Climate Change Focus

Mattress Firm

Mattress Firm is considering going public. Plus, how an emphasis on climate change is helping the resale market grow, and why Freestyle is so popular among Stitch Fix customers.

Data:

70%: Share of consumers who say climate change is more important than ever.

12M: Tons of home furnishings Americans throw out annually.

$2.1B: Stitch Fix’s revenue for the full fiscal year that ended July 31.

2.3K: Number of Mattress Firm locations nationwide.

10%; 17%: Drop in brick-and-mortar shoppers and increase in online shoppers, respectively, since the pandemic.

PYMNTS-MonitorEdge-May-2024