Luxury mattress company, Dormia, has filed a Chapter 11. But the stores remain open even as that is the case. Dormia has some 20 stores across nine states in America.

From its CEO and President Mike Zipelli:

“While some of the stores performed well over the years, we were never able to open enough locations to leverage the advertising and operational support in multiple markets,”

Dormia is a subsidiary of Classic Sleep Products of Maryland.

More details from the Baltimore Sun.

Tags: bankruptcy, chapter 11, dormia, luxury-mattress, mattress, mattress-company, sleep products

This entry was posted on Saturday, June 21st, 2008 at 9:49 am and is filed under MATTRESS Business.
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