Mattress Firm Files for Bankruptcy

October 5, 2018  by Laurie Northington in Bankruptcy, Industry   

The Chapter 11 filing includes a notice that about 200 stores will close within a few days. The precise store liquidation plan of Mattress Firm could have implications for a number of retailers - including Tempur Sealy International, Sleep Number, Hooker Furniture, Target via the Casper business and La-Z-Boy.

Mattress Firm operates over 3,000 stores in the U.S., which could put a little bit of pressure on certain strip mall operators depending upon how many stores end up being boarded up.