Struggling mattress store, Mattress Firm, has quietly closed one of their two Manchester locations. The location, in The Edge Plaza, closed without fanfare just two weeks after the parent company, Mattress Firm, filed for Chapter 11 Bankruptcy.
Mattress Firm filed for bankruptcy on October 5, 2018 after mounting debt became too much for the brand. Mattress Firm is attempting to renegotiate the terms of their leases on the majority of their 3,300+ locations. Just days after the bankruptcy filing, 209 store closings were announced. Manchester was not on this list.
The Manchester store closed in late October; the space had been marketed for lease, by property owner Brixmor, months leading up to the closure. Mattress Firm has one remaining location in Manchester, located in Best Buy Plaza, the space abuts Consignment Originals. This store space is also being marketed for lease by Brixmor.
Manchester once had three Mattress Firm locations, two being less than 1/2 mile from each other. All locations were acquired when Mattress Firm purchased Sleepy's in 2015; all local locations were converted to the Mattress Firm brand. The remaining store was Better Bedding, before Sleepy's acquired them in 2010. The third Manchester Mattress Firm closed last year, to accommodate the relocation of Kaoud Rugs; which moved to open up space for Cost Plus World Market to open in Babies R Us Plaza.
Mattress Firm began in 1986 in Houston, Texas. The chain has grown by purchasing their competition. Since their founding Mattress Firm has purchased Sleep Train, Mattress Pro, Sleep Country USA, Mattress Barn, and Sleepy's. At its peak, Mattress Firm has close to 3,600 locations.
Jean-Luc has written articles for the past year about Manchester Business.