Some more industry news, this time concerning the New Jersey areas…If you have been following the news on this section, you would have read plenty of changes in the ownership and proprietorship of many mattress operators and manufacturers.  There’s too much going on in this industry!

RANDOLPH Mattress Discounters reportedly agreed last week to buy 12 Rockaway Bedding stores for $660,000 from the bankrupt bed seller. Upper Marlboro, Md.-based Mattress Discounters had previously offered to buy 18 stores from Rockaway Bedding, which filed for Chapter 11 bankruptcy protection in April, but withdrew the $1.7 million bid last month.  However, things could change again because the stores will reportedly be put up for sale in an auction. Rockaway Bedding has received court approval to hire a liquidator to sell about 121 of its 180 stores.

via NJBiz

Tags: bedding-stores, MATTRESS News, MATTRESS Shopping, mattress-discounters, rockaway-bedding

This entry was posted on Wednesday, June 6th, 2007 at 2:13 pm and is filed under MATTRESS News, MATTRESS Shopping.
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