Mattress Tub & Past closes 150 shops. Listed here are the places showed to this point.

The Bath Bed & Beyond Store is seen on June 29, 2022 in Miami, Florida.

Mattress Tub & Past is final about 150 shops so to lower prices.Joe Radle / Getty Pictures

  • Mattress Tub & Past is final about 150 shops and shedding personnel.

  • Gross sales in the second one quarter fell by way of about 26%, and the corporate is aggressively reducing prices.

  • He recently named 56 shops to be closed in 21 states. The checklist can also be observed beneath

Mattress Tub & Past is final about 150 underperforming shops in the United States so to lower prices amid falling gross sales, it introduced on the finish of August.

The store additionally mentioned it plans to chop about 20% of its company and provide chain personnel. Via shedding personnel and shutting shops, the corporate mentioned it plans to chop prices by way of $250 million in 2022.

Gross sales in the second one quarter fell about 26% in comparison to the similar length in 2021, Mattress Tub & Past mentioned in initial stories.

Simply days after the corporate made the announcement, then-CFO Gustavo Arnal dedicated suicide in New York Town, the town’s scientific examiner mentioned.

Resources advised The Wall Boulevard Magazine that Arnal mentioned the damage and that the corporate’s CEO and a number of other board participants agreed that Arnal used to be beaten.

In a while earlier than his demise, Arnal, Mattress Tub & Past, JPMorgan and activist investor Ryan Cohen and JPMorgan have been named in a category motion lawsuit that accused them of securities fraud, insider buying and selling and breach of fiduciary accountability.

Mattress Tub & Past has since appointed Laura Crossen as Period in-between Leader Monetary Officer. The chain had already changed its CEO in June after reporting disappointing gross sales.

The suffering store has now published the site of 56 closed shops throughout 21 states and Puerto Rico. 8 in California and 6 in Illinois. A few of them are in person shops, whilst others are situated in buying groceries facilities.

This is all the checklist to this point.


Phoenix: 34750 N. North Valley Limited-access highway, 85086

Tucson: 5225 South Calle, Santa Cruz, 85706


Burbank: 201 East Magnolia Street, 91501

Lakewood: 75 Lakewood Heart Mall, 90712

Larkspur: 2601 Larkspur touchdown pad, 94939

Marina: 117 Normal Stilwell Power, 93933

Palmdale: 39421 93551 West tenth Boulevard

Redding: 1140 Hilltop Power, 96003

San Leandro: 15555 East 14th Boulevard Place of work 240, 94578

Santi: 9918 Undertaking Gorge Street, 92071


Stamford: Ridgeway Mall, 2275 Summer time Boulevard, 06905

Waterford: 850 Hartford Turnpike, 06385


Sanford: 111 The town Heart Street, 32771

First light: 12801 W. First light Blvd., Anchor C, 33323


Snellville: Presidential Marketplace Heart, Suite 5000, 1905 Scenic Hwy, 30078

Suwanee: 2623 Peachtree Pkwy, 30024


Dubuque: 2475 Northwest Trunk, 52002

Waterloo: 1522 Flammang Power, 50702


Bourbonnet: 2056 Northern State Course 50, 60914

Carbondale: College of Carbondale Mall, 1265 E. Primary Boulevard, 62901

Fairview Heights: Fairview Heart, 6611 Northern Illinois, 62208

Gurney: Gurney Turbines Buying groceries Heart, 6132 Grand Street, 60031

Joliet: 2850 Plainfield Street, 60435

Schaumburg: 915 East Golfing Street, 60173


Bossier Town: 2900 Meadow Creek Power, 71111


Dorchester: 8B Allstate Street, place of job 1, 02125

Milford: 230 Fortune Street, 01757

Sekonk: 35 Highland Street, 02771


Chesterfield: 50551 Waterside Power, 48051

Farmington Hills: 31075 Orchard Lake Street, 48334

Northville: Northville Mall, 17223 Haggerty Rd., 48167

Walker: Inexperienced Ridge Sq., 3410 Alpine Street NW, 49544

White Lake Twp: 9050 Highland Street, 48386


Saint Cloud: 3959 2d Boulevard South, 56301

North Carolina

Charlotte: Arboretum, 3413 Pineville-Matthews Rd., 28226

New Jerseyat

Flanders: 30 World Power, Suite 1, 07836

Manalapan: 13 Course 9 South, 07726

Paramus: 34 E Ridgewood Street, 07652


sparks: 195 Los Altos Pkwy, 89436

New York

Farmingdale: 251 Airport Plaza Street, 11735

Middletown: 470 Course 211 East, place of job 3, 10940

Mount Vernon: 500 East Sandford Street, 10550

New Hartford: 4805 Industrial Power, 13413

Plattsburgh: 73 Heart Power, Suite 100, 12901


Cincinnati: 3681 Stone Creek Street, 45251

Hamilton: Bridgewater Falls, 3451 Princeton Street, 45011

Perrysburg: 10027 Fremont Pike, 43551

Sandusky: 4020 Milan Street, Unit 910, 44870


Beaverton: 2780 SW Cedar Hills Blvd., 97005


Wynnwood: 70 E. Wynnwood Street, 19 096

Puerto Rico

Bayamon: Plaza del Sol, 725 West Primary Street, 00961


Port Arthur: Central Mall, 3100 Freeway 365, Place of work 114, 77642

Wichita Falls: 3201 Lawrence Street Place of work A, 76308


Christiansburg: 135 Customers Manner NW, 24073

Leesburg: 532 Fortress Evans Street, 20176


Lakewood: 5830 Lakewood Towne Heart Blvd, SW, 98499

Learn the unique article on Industry Insider

Leave a Reply

Your email address will not be published.