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Mattress Tub & Past: from home-goods behemoth to chapter

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It’s the top of the street for Mattress Tub & Past Inc., an organization that was as soon as a shining star of U.S. retail. 

The troubled home-goods retailer BBBY filed for chapter 11 on Sunday, after spending a number of months teetering getting ready to chapter. The corporate mentioned it goals to attain an orderly wind down of its operations, whereas additionally searching for to search out an purchaser for some or all of its belongings. It has $240 million of debtor-in-possession financing to offer the liquidity wanted to assist its operations by way of the method….

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