Brand breakdown · Bedding and bath · What went wrong

Parachute opened 26 stores, then closed 19.

A bedding brand that sold online, hit about $150M in sales in 2021, then built big stores and a furniture line. By mid-2025 it had 7 stores and a Target collection.

BLOOM10X did not work with Parachute. This breakdown uses public sources only, linked below.

Up, then back
  1. 2014Launches online with a small bedding range
  2. 2016First store, in Los Angeles
  3. Jun 2018$30M Series C, three stores
  4. Sep 2019Seven stores, a plan for 20 by end of 2020
  5. 2021About $150M in sales; bed frames launch
  6. May 202326th store, a 3,400 sq ft New York flagship
  7. Apr 2025Parachute for Target launches
  8. Jun 202519 stores closing, 7 left
26 → 7Stores, 2024 vs June 2025Business Insider · Jun 2025
~$150MSales in 2021, the peak so farThe New Consumer · Jun 2024
$47MRaised as of January 2024, per PitchBookBusiness Insider · Jun 2025
1 in 3Sales from repeat customers in 2019Business of Home · Sep 2019
The numbers

The cost of going big on stores.

73%Of the store fleet closed in about a yearOur math: 19 closed ÷ 26 stores = 73%Business Insider · Jun 2025
30Stores it aimed to have by the end of 2022. It peaked at 26, in May 2023Our math: 30 − 26 = 4 short of the goalRetail Dive · Jun 2025
3 → 1New York stores, 2024 vs June 2025. The SoHo store stayedBusiness Insider · Jun 2025
~13xMore doors at Target than Parachute’s own storesOur math: ~90 Target stores ÷ 7 own stores = ~13Target · Apr 2025; Business Insider · Jun 2025
$12–$199Price range of the first Target collection, most items under $90Target · Apr 2025
34%Target’s top price as a share of one linen bedding set on its own siteOur math: $199 ÷ $589 = 34%Target · Apr 2025; parachutehome.com · Nov 10, 2026
The plays

What worked, and where it overreached.

  1. Start narrow and build trust

    Parachute launched with sheets, duvet covers and pillowcases, “a very small, tight assortment” (The New Consumer, Jun 2024). By 2019 a third of its business came from repeat customers (Business of Home, Sep 2019).

    Copy this: win one category and one repeat purchase before you add a second room.

  2. Stores built for browsing, not selling

    Stores were “not heavily sales driven,” designed for presentation and events, with the plan to reach 20 by the end of 2020 (Business of Home). The CEO later said it opened stores “too large or in regions where brand awareness” was too low (Business Insider, Jun 2025).

    Avoid this: open a store only in a city where your shipping data already shows demand, and size it to sell.

  3. Too many new categories

    A mattress came in 2019, bed frames in 2021 and sofas in October 2022. The furniture is no longer sold (Retail Dive, Jun 2025). “We overreached,” the CEO said, and the brand went back to bedding and bath (Business Insider).

    Avoid this: test a new category as a small drop to past buyers before you build supply chain and stores for it.

  4. Let a big retailer carry the reach

    After a Crate and Barrel run in 2021 and a Nordstrom pop-up in 2022, Parachute for Target launched in April 2025 with 200+ items (Target). It sold out and did well in Florida, where Parachute never had a store. A second capsule followed in June 2026 (Retail Dive, Jul 2026).

    Copy this: a capped, cheaper capsule with one retailer tests new regions without leases.

  5. Creators for the gift season

    On Nov 10, 2026, a creator’s gift guide ran as a partnership ad, “Coco schiffer with Parachute Home,” tagged #parachutepartner, linking to a “Coco’s Picks” collection on the site (Meta Ad Library).

    Copy this: give one creator a named collection page for Q4 and run her post as an ad to it.

The store bet

The plan kept growing. So did the fleet.

Parachute stores, plans vs actual

20161 Jun 20183 Sep 20197 2020 plan20 2022 goal30 May 202326 Jun 20257 Stores open Stated plan or goal
Sources: Business Insider (2016, 2025); H.I.G., Jun 27, 2018; Business of Home, Sep 4, 2019; Retail Dive, Jun 27, 2025 (2022 goal, May 2023 flagship). Bars to scale.

Where Parachute sells now

Own websiteFree shipping, 60-day returns Own stores26 in 2024, 7 by June 2025 NordstromPop-up in 2022, now a partner Target200+ items, about 90 stores, $12–$199
Sources: parachutehome.com, Nov 10, 2026; Business Insider and Retail Dive, Jun 2025; Target, Apr 23, 2025.
“We opened stores that were too large or in regions where brand awareness wasn’t as high as it needed to be.”
Mehdi Ait Oufkir, CEO, Business Insider, Jun 24, 2025
The product page

A $589 set sold with free shipping.

The Linen Venice Set bundles three pieces into one price. Tap a number to see what each part does.

Screenshot: Parachute Linen Venice Set page on mobile, Add to bag 589 dollars, includes a fitted sheet, pillowcase set and duvet cover, free shipping and 60 day returns, a Down Pillow 160 to 255 dollars suggested below
  1. 1
    One price for the bed“Add to bag $589.” The set is a single item, not three.
  2. 2
    The bundle spelled out“1x fitted sheet, 1x pillowcase set, 1x duvet cover.” No top sheet, which the brand calls its favorite way to sleep.
  3. 3
    Risk removedFree shipping and 60-day returns, the same promise as the top bar.
  4. 4
    The next item“You’ll love it with…” a Down Pillow at $160–$255.
parachutehome.com/products/linen-venice-set · mobile · Nov 10, 2026
The sign-up popup asks one question: bedding or bath.parachutehome.com · mobile · Nov 10, 2026
52 Parachute items listed on target.com, towels from $12.target.com · mobile · Nov 10, 2026
Their ads

Restocks and gift guides.

About 90 active Meta ads. The newest push a gift guide, a restocked color and a creator’s picks. Pick one to see it.

Meta Ad Library · started Nov 9, 2026

“Worth the Wait”

“Our best-selling light pink shade has returned.” A restock sold as news, with “Back in stock” on the image.

See the ad in the Ad Library →

Screenshots of active US ads in the Meta Ad Library, taken Nov 10, 2026. Ad count is the Library’s estimate. Click an image to enlarge.

From Parachute’s channel

Two recent Shorts, a few hundred views.

A four-second loop of the new Ink bedding. 295 views by Nov 10, 2026.Parachute’s YouTube · Aug 24, 2026
A 16-second home tour. 228 views by Nov 10, 2026.Parachute’s YouTube · Sep 9, 2026
“We focus on being in the relationship business, not the transaction business.”
Ariel Kaye, founder, Business of Home, Sep 4, 2019
What we’d do differently

Three lessons, one caveat.

  • Stores follow demand. Parachute planned 20 stores when it had 7. We’d open the next one only where online orders already cluster.
  • One new category at a time. Mattress, bed frames and sofas each needed new supply chains. Bedding and bath are still the core.
  • Wholesale is a channel, not a rescue. Target reached Florida without a lease. Starting a capped partner capsule earlier is cheaper than a flagship.
  • The caveat: no revenue after 2021 is public, so we can’t say how much the stores cost or what Target adds.
Copy this

Six moves for a $1M–$10M brand.

  • Sell one hero bundle with a single price on the button. Raise order value
  • Put free shipping and your returns window in the top bar and on the product page. Conversion
  • Ask one question in your sign-up popup and send each answer its own flow. Retention
  • Check a new store or category against your margin before you sign a lease. Margin calculator
  • Give a creator a named collection and run her post as a partnership ad. Partnership ads guide
  • Know what a repeat buyer is worth before you spend to win new ones. LTV calculator

Thinking about stores, wholesale or a new category?

Book a call. We’ll check what your numbers can carry first.

Book a call
Sources

Where every number comes from.

  1. “H.I.G. Growth Partners Leads $30 Million Series C Round for Parachute,” H.I.G. Capital, Jun 27, 2018. hig.com
  2. Fred Nicolaus, “Parachute’s Ariel Kaye on what it takes to become a household name,” Business of Home, Sep 4, 2019. businessofhome.com
  3. Dan Frommer, “Building a modern lifestyle brand,” The New Consumer, Jun 21, 2024. newconsumer.com
  4. “Dreams Do Come True: Introducing Parachute for Target,” Target, Apr 23, 2025. corporate.target.com
  5. Jordan Hart, “DTC bedding brand Parachute Home closes 19 stores: ‘We overreached,’ CEO says,” Business Insider, Jun 24, 2025. businessinsider.com
  6. Dani James, “Parachute to close 19 stores this year, shift away from ‘massive storefronts’,” Retail Dive, Jun 27, 2025. retaildive.com
  7. Tatiana Walk-Morris, “Target, Parachute team up again on home capsule collection,” Retail Dive, Jul 2, 2026. retaildive.com
  8. Parachute, homepage and Linen Venice Set page, viewed Nov 10, 2026. parachutehome.com
  9. Target, Parachute for Target listing, viewed Nov 10, 2026. target.com
  10. Parachute Home, official YouTube channel, Shorts dated Aug 24 and Sep 9, 2026. youtube.com/@ParachuteHome
  11. Meta Ad Library, active US ads for the Parachute Home page, viewed Nov 10, 2026. facebook.com/ads/library

Find the leak before you buy more traffic.

  1. 1Call
  2. 2Audit
  3. 3Strategy and plan
Meta Business Partner Google Partner Shopify Partner Klaviyo Partner Clutch · 5.0
Book a call