store closures

image_pdfimage_print

Mattress Firm Asking Rent Concessions Unacceptable to many Landlords As Bankruptcy Battle Begins

Houston-based Mattress Firm is asking for significant rent concessions from many of its remaining landlords, a commercial real estate news company is reporting. New York-based Bisnow said it has obtained a recording of a conference call earlier this month in which Mattress Firm CEO Steve Stagner asks for the concessions. Stagner told an audience of […]

Mattress Firm Asking Rent Concessions Unacceptable to many Landlords As Bankruptcy Battle Begins Read More »

Mattress Firm Appoints New CEO in midst of store closures

HOUSTON, Texas — Mattress Firm, Inc., the nation’s largest specialty mattress retailer, announced that Ken Murphy will step down as CEO and President and Steve Stagner, Executive Chairman and Chairman of the Board, will assume the additional responsibilities of CEO effective March 1. The joint decision by Mr. Murphy and the Board of Directors reflects

Mattress Firm Appoints New CEO in midst of store closures Read More »

Sears Announces more store closures, JC Penney delays closures

Sears Holdings is closing 43 more stores in the US, in addition to the 265 closings that had already been announced this year. The company announced the latest closures on Friday. The new list of closures include 35 Kmart stores and eight Sears stores, two of which are in Arizona. The closings will bring Sears’ store count to less

Sears Announces more store closures, JC Penney delays closures Read More »

Scroll to Top