TITLE

Discounters wins extension

PUB. DATE
October 2002
SOURCE
Furniture/Today;10/7/2002, Vol. 27 Issue 6, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that the bedding retailer, Mattress Discounters has extended its standstill agreements with its secured lenders and note holders while it continues to explore a financial restructuring. Failure of the Mattress Discounters to meet an interest payment; Terms under the company's standstill agreements with lenders and note holders.
ACCESSION #
7520879

 

Related Articles

  • 2 heavyweight retailers face tough times.  // Furniture/Today;6/25/2001, Vol. 25 Issue 41, p57 

    Discusses the financial challenges facing United States bedding retailers, Mattress Discounters and Sleepmaster in 2001. Companies' failure to comply with several key financial covenants in their loan agreements during the first quarter of 2001; Financial performance of the companies.

  • Bedding industry ex-execs rake in severance pay. Thomas, Larry // Furniture/Today;08/07/2000, Vol. 24 Issue 47, p30 

    Focuses on the severance pay received by the former executives of bedding retailer Mattress Discounters and manufacturer Simmons Co. in the United States. Total compensation received by executives Zenon Nie and Ron Passaglia from Simmons Co.; Base salary of the two executives' replacement; Role...

  • Mattress Discounters acquires two Va. stores.  // Furniture/Today;7/19/2010, Vol. 34 Issue 44, p27 

    The article reports that Mattress Discounters Corp., a bedding chain has agreed to acquire certain assets and two stores from Mattress King, the company's bankrupt competitor.

  • Bedding exhibitors, buyers give rave reviews. Perry, David // Furniture/Today;2/5/2007, Vol. 31 Issue 22, p51 

    The article presents the enthusiastic reviews of various bedding makers and retailers on the a bedding exhibition organized in Las Vegas, Nevada. The various bedding retailers and makers at the market include Mattress Discounters in Virginia beach, Virginia, International Bedding, Serta, Comfort...

  • Sleep shop sale OK'd.  // Furniture/Today;12/8/2008, Vol. 33 Issue 14, p1 

    The article reports on the sale of the bedding retailer Mattress Discounters Corp. to The RoomStore Inc. It recounts that Mattress Discounters has been operating under Chapter 11 bankruptcy protection since September 2008. It notes that RoomStore will pay $4 million for all of the company's...

  • 10 bedding specialists deliver growth sermon. Perry, David // Furniture/Today;6/25/2007, Vol. 31 Issue 41, p56 

    The article reports on the performance of 10 bedding specialists on the 2007 Top 100 U.S. Furniture Stores. These 10 bedding specialists posted a collective 19.8% increase in sales to $2.96 billion. They also earned a 12.1% gain in store count to 2,462 units. Sleep Train Inc., Mattress Giant...

  • Sandy delays auction of Mattress Discounters. Thomas, Larry // Furniture/Today;11/5/2012, Vol. 37 Issue 9, p6 

    The article informs that an auction for Mattress Discounters Corp. that was scheduled in October 2012 has been delayed due to Hurricane Sandy.

  • Mattress Discounters 3Q sales slip 4.3%.  // Furniture/Today;11/19/2001, Vol. 26 Issue 11, p38 

    Reports the decline in the third quarter sales of Mattress Discounters in Upper Marlboro, Maryland. Impact of the economy on the sales decline; Sale of stores in Denver; Non-compliance with several financial credit agreements.

  • Mattress Discounters misses interest payment.  // Furniture/Today;7/22/2002, Vol. 26 Issue 45, p38 

    Reports that the retailer Mattress Discounters missed a July 15, 2002 interest payment to bondholders. Company's negotiation with bondholders, equity holders and major suppliers to rework its capital structure; Coordination between the Mattress Discounters' management team and the Sealy, its...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics