13 months after submitting for Chapter 11 chapter safety, Metro Mattress Corp. is ready to turn out to be the newest brick-and-mortar chain to wind down operations in 2025.
The New York-based bedding retailer has disclosed in a courtroom submitting that it plans to shutter its remaining shops after some 21 makes an attempt to discover a purchaser or strategic associate that may have allowed it to proceed.
Headquartered in Syracuse, Metro Mattress had 70 areas throughout New York and 4 New England states when it sought Chapter 11 safety in September 2024. On the time, it stated it deliberate to shut roughly two dozen of these shops and refocus its efforts particularly on its New York areas.
It will definitely closed 30 shops, together with all of its areas in New Hampshire, Massachusetts, Connecticut, and Rhode Island, along with some underperforming shops in New York.
CEO Dino Cifelli, a furnishings retail veteran who had been employed solely six months earlier to execute a development technique at Metro Mattress, famous in his preliminary courtroom declaration that the New England shops confronted varied existential headwinds, together with increased working prices and “inefficiencies of scale.”
Shedding the New England areas, Cifelli added, would assist Metro Mattress return to profitability and “end in a sustainable enterprise.”
However issues haven’t turned out that approach, partially as a consequence of low foot visitors, and now the retailer says it can shut all of its remaining shops.
In a courtroom submitting in early October, Metro Mattress stated it can switch most of its stock to 5 – 6 areas and conduct going-out-of-business gross sales, with the areas being returned to landlords after a roughly five-week liquidation interval.
Which Metro Mattress areas are closing?
All remaining Metro Mattress areas are anticipated to shut, and in reality many have already got.
The corporate has not confirmed which shops will stay open to conduct the liquidation gross sales. Emails to Metro Mattress went unreturned and a consultant declined to remark to Quick Firm when reached by telephone.
Based on its retailer locator device, the next seven areas seem to nonetheless be opened as of Monday:
- Metro Mattress Albany
- Metro Mattress John Glenn Blvd: Syracuse, NY
- Metro Mattress Syracuse: Dewitt, NY
- Metro Mattress Irondequoit: Rochester, NY
- Metro Mattress Greece: Rochester, NY
- Metro Mattress Amherst
- Metro Mattress Glenmont
In courtroom paperwork, Metro Mattress has recognized the next 40 shops throughout New York State that may shutter as a part of its wind-down course of:
- Metro Mattress Amherst: Tonawanda, NY
- Metro Mattress Horseheads: Horseheads, NY
- Metro Mattress Irondequoit: Irondequoit, NY
- Metro Mattress Greece: Rochester, NY
- Metro Mattress Olean: Olean, NY
- Metro Mattress Glenmont: Glenmont, NY
- Metro Mattress John Glenn: Syracuse, NY
- Metro Mattress Wolf Highway: Albany, NY 12205
- Metro Mattress Hamburg: Hamburg, NY
- Metro Mattress Utica: Yorkville, NY
- Metro Mattress Batavia: Batavia, NY
- Metro Mattress Lansing: Ithaca, NY
- Metro Mattress Lockport: Lockport, NY
- Metro Mattress Geneseo: Geneseo, NY
- Metro Mattress Auburn: Auburn, NY
- Metro Mattress Liverpool: Liverpool, NY
- Metro Mattress Watertown: Watertown, NY
- Metro Mattress Union Highway: Cheektowaga, NY
- Metro Mattress Clifton Park: Clifton Park, NY
- Metro Mattress Delaware: Buffalo, NY
- Metro Mattress New Hartford: New Hartford, NY
- Metro Mattress Niagara Falls: Niagara Falls, NY
- Metro Mattress East Dewitt: Syracuse, NY
- Metro Mattress Geneva: Geneva, NY
- Metro Mattress Niskayuna: Niskayuna, NY
- Metro Mattress Johnson Metropolis: Johnson Metropolis, NY
- Metro Mattress Johnstown: Johnstown, NY
- Metro Mattress Oswego: Oswego, NY
- Metro Mattress Norwich: Norwich, NY
- Metro Mattress Wilton: Saratoga Springs, NY 12866
- Metro Mattress Cortland: Cortland, NY
- Metro Mattress Oneonta: Oneonta, NY
- Metro Mattress Vestal: Vestal, NY
- Metro Mattress West Fairmount: Syracuse, NY
- Metro Mattress Henrietta: Rochester, NY
- Metro Mattress Ithaca: Ithaca, NY
- Metro Mattress Canandaigua: Canandaigua, NY
- Metro Mattress North Cicero: Cicero, NY
- Metro Mattress Rome: Rome, NY
- Metro Mattress Webster: Webster, NY
Retail closures pile up in 2025
Metro Mattress joins plenty of well-known retail chains which have ceased operations after in search of chapter manufacturing over the past 18 months.
The listing contains a lot bigger operations akin to Social gathering Metropolis, fast-fashion model Eternally 21, and the arts-and-crafts retailer Joann materials.
However smaller and mid-sized chains are clearly not resistant to the identical unfavorable forces which have plagued so many retail companies in recent times—together with hovering working prices, shoppers with much less cash to spend, and the broader shift to on-line purchasing.
