BELLINGS

Popular discount mattress chain files for Chapter 11 bankruptcy

The mattress and bedding chain says it spends virtually zero dollars on advertising.

The mattress and bedding chain says it spends virtually zero dollars on advertising.

BELLINGS Intelligence Score: 12

Why it matters

The Chapter 11 filing of a popular discount mattress chain is a routine corporate distress event with limited systemic or market-wide implications for credit professionals.

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