Mattress Discounters Files Chapter 11

Furniture World Magazine

The Washington Business Journal reported that, "Mattress Discounters Corp. has filed federal bankruptcy protection for the second time in six years, according to a Bloomberg report." The news item said that the company which operates 140 sleep centers across the Northeast (with 40 in the Washington DC area) owes $9.3 million to the 30 largest unsecured creditors; the largest of which is Simmons Company, owed $4.2 million. The full article can be read at: http://www.bizjournals.com/washington/stories/2008/09/08/daily64.html?ana=from_rss