Mattress Firm plans to close up to 700 stores over the next few months as part of a plan to offload debt and repay creditors. The announcement came just hours after the company filed for Chapter 11 bankruptcy protection in Delaware on Friday.
In a conference call with landlords for the more than 3,000 Mattress Firm stores across the country, CEO Steve Stagner said the company plans to do an initial round of store closures over the next few days, which will see about 200 stores shuttered. Stagner said the company is targeting locations where it has multiple stores in the same city.
Houston-based Mattress Firm has 15 locations in the Denver area and 19 in Colorado, according to its website. Here are the Colorado locations that are closing:
- 10460 West Colfax Ave, Lakewood
- 570 Zang St, Ste B, Broomfield
- 356 East Harmony Rd 6A, Fort Collins
- 7205 W Colfax Avenue, Ste 100, Lakewood
- 2525 Arapahoe Ave, Ste. E20, Boulder
- 990 Airport Road, Rifle
- 10398 Reed St. 200, Westminster
- 1785 E. Cheyenne Mountain Blvd., Colorado Springs
Read more at the Denver Business Journal: https://bit.ly/2QwsVKG
