From Home Furnishing Business
Mattress Firm, Considering U.S. Bankruptcy
Bedding retailer Mattress Firm is considering filing bankruptcy and shutting down some of its 3,000 locations that are losing money, according to a report from Reuters.
The article from Reuters states that Mattress Firm and parent-company Steinhoff International (FRANKFURT: SNH) are consulting with AlixPartners LLP, a firm that specializes in turnaround strategies.
Read the report here.