1851

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

Griswold

Griswold Franchisee Beth Copeland Featured in Entrepreneur Magazine

griswold-franchisee-beth-copeland-featured-in-entrepreneur-magazine

Fresh Coat

Photo of two Fresh Coat franchise owners wearing branded polos

How Fresh Coat Franchisees Scale Through Commercial and Multi-Family Projects

scale-painting-franchise-commercial-projects

Beansquad

Franchise Financial Health Check: BeanSquad’s Diagnostic Approach to Bookkeeping

franchise-financial-health-check-beansquads-diagnostic-approach-to-bookkeeping

Paris Baguette

Photo of cross section of Paris Baguette croissant

Is the Paris Baguette Franchise Worth the Investment? Understanding the Franchise Fee and ROI

paris-baguette-franchise-cost-roi

Photo of Paris Baguette croissants and cup of hot coffee

Paris Baguette Ranked No. 112 in 2025 Technomic Top 500 Chain Restaurants Report, Climbing Over 20 Spots From Prior Year

paris-baguette-technomic-top-500-ranking-2025

Buying a Franchise Masterclass

 Franchise Opportunities

Get Support Buying a Franchise

How to Buy a Franchise White Paper

How to Buy a Franchise

How to Sell Franchises

How to Grow a Franchise

Find a Franchise Supplier

1851 Franchise Opportunities

Franchisor News

Franchisor Power Rankings

FranCamp Mastermind Summit

Franchise Development Website Builder

Franchise Resources

What ALEC-Laffer's Report Means for Franchising

Website Awards

Power Rankings

About 1851

Advertise on 1851

Contact 1851 Editorial

Terms of Use

1851 Login

GROWTH CLUB LOGIN

facebook

instagram

twitter

linkedin

youtube

Health Care Hiring Slowdown Highlights In-Home Care Franchise Opportunities - 1851 Franchise Agg

Health Care Hiring Slowdown Highlights In-Home Care Franchise Opportunities 

health-care-hiring-slowdown-in-home-care-franchise-opportunities

Caribou Coffee Names Scott Kennedy CEO, Eyes Continued Growth

caribou-coffee-names-scott-kennedy-ceo-eyes-continued-growth

McDonald’s Launches New Extra Value Meals as Consumer Demand for Value Continues to Climb

mcdonalds-launches-extra-value-meals

Power Eats: Smoothie King Rolls Out Food Nationwide To Fuel Franchise Growth

smoothie-king-food-menu-power-eats

Keurig Dr Pepper Splits in $18 Billion JDE Peet’s Deal, Creating Global Coffee Giant

keurig-dr-pepper-splits-in-18-billion-jde-peets-deal-creating-global-coffee-giant

Hardee’s Lawsuit Highlights the Risk of Going Off-Model in Franchising

hardees-franchise-lawsuit-paradigm-investment-group

Wendy's CEO Kirk Tanner Steps Down - Breaking News - 1851 Franchise

Wendy’s CEO Kirk Tanner Steps Down Amid Challenges, Leaving Franchisees Facing Uncertainty

wendys-ceo-transition-kirk-tanner-franchisee-uncertainty

"Come in, We're OPEN" sign against abstract background

Small Business Optimism Dips, Raising Concerns for Franchise Owners

small-business-optimism-dips-raising-concerns-for-franchise-owners

Hely and Hiral Patel Bring Their Longtime Dream to Life With The Brass Tap

brass-tap-franchise-pasadena-maryland-hely-hiral-patel

How Vishal Juneja Turned a Family Tradition Into a Paris Baguette Franchise

How Vishal Juneja Turned a Family Tradition Into a Paris Baguette Franchise Built on Heart and Community

paris-baguette-franchise-rockaway-new-jersey-vishal-junjea

Franchisee spotlight graphic with photo of Ricki Oberoi and Layne's Chicken Fingers logo

Multi-Unit Wendy’s Operator Signs 12-Unit Deal With Layne’s Chicken Fingers

ricki-oberoi-laynes-chicken-fingers-growth

Young Entrepreneur Parth Patel Is Bringing Paris Baguette to the Cleveland Area

young-entrepreneur-parth-patel-is-bringing-paris-baguette-to-the-cleveland-area

Cleaning Franchises Offer Stability and Scalability in a Changing Economic Landscape

cleaning-franchises-offer-stability-and-scalability-in-a-changing-economic-landscape

Mattress Firm Files for Bankruptcy

MORE STORIES LIKE THIS