Innovative Mattress Solutions
On January 14, 2019, Innovative Mattress Solutions applied for Chapter 11 bankruptcy. The company also owns Mattress King and Sleep Outfitters. According to USA Today, the mattress company from Kentucky will probably stop operations in 142 stores.
Innovative Mattress Solutions
Z Gallerie
Z Gallerie is an LA-based retailer that applied for Chapter 11 bankruptcy protection on March 11, 2019. SF Gate said that the home furniture company wants to shut down 17 stores and look for a buyer so that it would not need to liquidate. The bankruptcy was allegedly caused by self-imposed problems. The company wished that it invested in e-commerce more instead of shelling out a lot of money on distribution centers. Z Gallerie failed to meet performance goals and needs a quick proceeding.
Z Gallerie
