Mattress Discounters files for Chapter 11

Thomas, Larry
September 2008
Furniture/Today;9/15/2008, Vol. 33 Issue 3, p1
Trade Publication
The article reports that Top 100 retailer Mattress Discounters has filed for Chapter 11 bankruptcy protection and plans to close about 50 of its 140 stores. According to Mattress Discounters president Steve Newton, the said decision was done because of the difficult situation faced by the retailers, thus they need to work with their lender to restructure their business.


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