13 months after submitting for Chapter 11 chapter safety, Metro Mattress Corp. is about to turn into 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 companion that will have allowed it to proceed.
Headquartered in Syracuse, Metro Mattress had 70 places 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 places.
It will definitely closed 30 shops, together with all of its places 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 hired solely six months earlier to execute a progress 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 places, Cifelli added, would assist Metro Mattress return to profitability and “lead to a sustainable enterprise.”
However issues haven’t turned out that approach, partly as a result of low foot visitors, and now the retailer says it is going to shut all of its remaining shops.
In a courtroom submitting in early October, Metro Mattress stated it is going to switch most of its stock to 5 or 6 places 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 places are closing?
All remaining Metro Mattress places are anticipated to shut, and actually 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.
In accordance with its store locator tool, the next seven places 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 can 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 Street: 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 Street: 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 searching for chapter manufacturing over the past 18 months.
The checklist contains a lot bigger operations comparable to Party City, fast-fashion model Forever 21, and the arts-and-crafts retailer Joann fabrics.
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, customers with much less cash to spend, and the broader shift to on-line buying.
