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NEW YORK - Serta Simmons Bedding, which accounts for nearly one-fifth of United States bedding sales, has filed for bankruptcy protection in an effort to eliminate most of its debt, as the slowing economy and rising interest rates crimp consumer demand. The company, whose roots date to 1870, filed for Chapter 11 protection from creditors on Monday (Jan 25) night...
Serta Simmons Bedding LLC, which accounts for nearly one-fifth of U.S. bedding sales, has filed for bankruptcy protection in an effort to eliminate most of its debt, as the slowing economy and...
Serta Simmons Bedding has filed a pre-arranged bankruptcy though it says business fundamentals remain strong despite financial challenges from a slumping mattress industry.
By Jonathan Stempel (Reuters) - Serta Simmons Bedding LLC, which accounts for nearly one-fifth of U.S. bedding sales, has filed for bankruptcy protect...
By Jonathan Stempel (Reuters) - Serta Simmons Bedding LLC, which accounts for nearly one-fifth of U.S. bedding sales, has filed for bankruptcy protect...