Global Restructuring Review - Cross-border restructuring and insolvency legal news, features and events

Steinhoff subsidiary Mattress Firm files pre-packaged Chapter 11 in Delaware

By Benjamin Clarke

08 October 2018

Steinhoff subsidiary Mattress Firm files pre-packaged Chapter 11 in Delaware wikimediacommons/Michael Rivera

Texas-headquartered retailer Mattress Firm has filed for Chapter 11 protection in Delaware, blaming its financial difficulties on a “cannibalisation” of sales among stores following a rapid expansion of the business.