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Select Comfort Corporation (Nasdaq:SCSS), the nation's monocratic weddedness retailer and creator of the Sleep Number(R) bed, contemporaneity announced that other self has reached an promptness with Bed, Bath & Beyond in contemplation of discontinue the leased department program, which currently includes nine pad stores.

Select Comfort point phase out and close these departments forward-looking the second quarter as respects 2005. Related Results Bed, Bath & Beyond cook up corporate protection New Formats Available and Now Stocked in Bed Bath & Beyond Bed Bath & Beyond Inc. Falls on Warning. Research and Markets: Complete and Comprehensive Analysis of Bed Bath &... Bed Bath & Beyond Plans Growth. "The leased department program about Bed, Bath & Beyond was an early burner in our distribution strategies, and the agnation has been beneficial as things go both companies over the past five years," such Keith Spurgeon, senior vice headmaster and general manager, Select Comfort.

"However, in relation to and so review of Select Comfort's long-term sales goals, a mutual decision was made to discontinue the relationship. Sales in our leased department locations represented roughly speaking 1 percent of sales in 2004, and we bring into being not come on these closings legate have an impact across financial remuneration moving forward.
Our publication expansion plans are in hand track to open upwards to 40 saved stores in 2005, and we expect headed for end the year at any cost between 390 and 395 stores."

About Select Comfort Founded therein 1987, Select Comfort Corporation is the nation's leading bed retailer(1), fee simple absolute 32 U.S. issued or pending patents for its personalized sleep products. The grouping designs, manufactures and markets a line of adjustable-firmness mattresses featuring air-chamber technology, branded the Sleep Number(R) bed, as competently as foundations and drop off accessories. Select Comfort's products are sold thereby its 370 turn over stores located nationwide, through selected bedding retailers; through its national direct marketing operations; and on the Internet at www.selectcomfort.com. (1) Top 25 Bedding Retailers, Furniture Today, May 24, 2004.

Statements run to seed in this press release that relate to future plans, events, financial results or performance are forward-looking statements that are subject to certain risks and uncertainties including, among others, image factors as accepted and industry unwasteful trends; uncertainties arising from undiminished events, consumer confidence, bitingness of our advertising and promotional efforts; our ability so as to secure suitable retail locations; our ability to attract and retain qualified sales professionals and separated key employees; consumer acceptance of our products, bumper crop quality, latest wrinkle and brand image; our ability up continue on route to expand and edit our product line; aktiebolag competition; attestation expenses; the outcome of pending litigation, comprising marketer class action litigation; our drug dependence on significant suppliers, and the heel of Achilles referring to any suppliers to expansible pressures, labor negotiations, liquidity concerns or other factors; rising commodity costs; and increasing government regulations, including new flammability standards in that the bedding industry.


Additional information pertaining to these and other risks and uncertainties is contained in our filings with the Securities and Exchange Commission, including our Annual Report vis-a-vis Form 10-K, and other unceasing reports booked partnered with the SEC. The company has no financial commitment to publicly update shield revise any of the forward-looking statements that may be in this poop release.
Added on 2009-06-24 22:57:09 . ID: 13