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Mattress Firm has filed for Chapter 11 bankruptcy protection and will soon close 200 underperforming stores, according <a href="https://www.cnn.com/2018/10/05/business/mattress-firm-bankruptcy/index.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=mattress-firm-files-for-bankruptcy-2708087" target="_blank" rel="nofollow" style="text-decoration-line:none" target="_blank">to a CNN report</a>.

While the mattress chain, which has more than 3,300 stores nationwide, plans to remain in business, it wants to ultimately get out of approximately 700 leases, according to the article. 

&quot;We will continue to provide unmatched value to our customers by offering the best quality beds at prices that fit any budget today, tomorrow and into the future,&quot; CEO Steve Stagner said, according to the article. 

Read <a href="https://www.cnn.com/2018/10/05/business/mattress-firm-bankruptcy/index.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=mattress-firm-files-for-bankruptcy-2708087" target="_blank" rel="nofollow" style="text-decoration-line:none" target="_blank">the full report at CNN</a>. &nbsp;

<div>&nbsp;</div>

Mattress Firm Files for Bankruptcy

1851 Franchise

The company will soon close 200 underperforming stores. 


mattress-firm-files-for-bankruptcy

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Mattress Firm Files for Bankruptcy

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