Mattress Tub & Past has been struggling to get better from its downturn in the course of the pandemic—and now, the state of affairs is so dire that they’re promoting $1 billion in shares to pay their money owed, in accordance with the New York Submit. Mattress Tub & Past has been slowly however certainly placing out statements and updating their checklist of shops closing. It appears each different week, a brand new batch of shops nationwide begins closing their doorways to keep away from submitting for chapter, a actuality they admitted was very seemingly in January, in accordance with the AP.
Which Mattress Tub & Past Shops are closing?
As of Feb. 7, Mattress Tub & Past up to date their official checklist of shops closing to incorporate one other 150 shops nationwide, bringing the whole to about 200 shops closing over the following two years. You possibly can discover the checklist of shops on this PDF.
The corporate had about 950 shops round this time final yr, in accordance with USA Right this moment, and now its purpose is to maintain 360 open nationwide, in accordance with their newest announcement.
The checklist is organized by zip code, state, metropolis, and deal with. You possibly can search via the PDF by any of these to seek out if there’s a retailer closing close to you. As soon as you discover one, name the shop and ask if and when they’re having retailerlarge clearance gross sales earlier than they shut their doorways.
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“The high-demand products will be more likely to be delivered to the locations that will remain operating,” Morningstar analyst Jaime Katz advised USA Right this moment. “I think there can be gross sales on the places that they’re closing. Whether or not or not these are the precise gadgets that you simply wish to buy on sale is the priority.”
When you’ve got any Mattress Tub & Past present playing cards hanging round, now could be the time to make use of them. And if you continue to have unused coupons, take into account they received’t work on liquidation gross sales, which will even be last.
