Retail & Consumer

Mattress Firm

Largest mattress retailer. Acquired by Steinhoff International for $3.8B in 2016, filed for bankruptcy in 2018 closing 700 stores after aggressive over-expansion

FOUNDED
1986
IMPACTS
1 documented

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Editorial Record

maintained by DeathbyPE. Every claim links to a public source.

Timeline

1986

Mattress Firm founded

2018

Mattress Firm filed for bankruptcy, closed 700 stores after PE ownership

HighClosure / Bankruptcy

After years of PE-driven rapid expansion (over-saturating markets with stores), Mattress Firm filed for Chapter 11 bankruptcy in 2018, closing 700 locations.

Before / After

Stores closed

reported 2018

before 3,300 locations

after 2,600 locations

-21%

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