Mattress Firm store in Oceanside has closed amid bankruptcy filing

A newly closed Mattress Firm store in Oceanside is among 99 locations in the retailer’s second round of closures as part of its bankruptcy protection filing. The 4,000-square-foot store, which was once a Sleepy’s — the Hicksville-based mattress retail chain was acquired for $780 million by Mattress Firm two years ago — was located on …

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Mission Coal files for bankruptcy—5th coal company in 3 years

A Tennessee coal mining company that filed for bankruptcy this week is the second coal company to go bankrupt during Donald Trump’s pro-coal presidency. It’s also the fifth U.S. coal industry bankruptcy in the last three years as competitors in the energy market continue to drive coal into the dust pile. Mission Coal, an operator …

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David’s Bridal flirts with possible bankruptcy after skipping debt payment

The nation’s leading wedding retailer is flirting with the possibility of bankruptcy protection, which often involves some store closures, after skipping a key debt payment. David’s Bridal, whose tight grip on the wedding business has loosened in recent years amid digital competition and declining marriage rates, failed to make a key loan payment Monday. That …

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Sears, the store that changed America, declares bankruptcy

New York (CNN Business)Sears, the once-dominant retail chain that changed how Americans shopped and lived, has filed for bankruptcy. The 132-year-old company has been struggling for several years and is drowning in debt. The final straw was a $134 million debt payment due Monday that it could not afford. Sears Holdings (SHLD), the parent company …

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