Mattress Tub & Past is closing 150 shops. Here is a listing of the areas to date.

Mattress Tub & Past disclosed the areas of a few of the 150 shops it plans on closing because the beleaguered retailer seeks to chop prices and liberate money.  

The retail chain posted a listing of greater than 50 areas that will probably be shuttered, with the shops starting from Arizona to Washington state. Final month, Mattress Tub & Past introduced it would shut 150 of its roughly 1,000 shops. The corporate did not instantly reply to a request for remark. 

Whereas Mattress Tub & Past  has develop into a “meme inventory” after attracting the favor of newbie buyers, its shares have plunged 47% this 12 months amid declining income, widening losses and the defection of a outstanding investor. In August, Ryan Cohen, the billionaire founding father of on-line pet meals firm Chewy, bought his stake of seven.7 million shares, spurring a selloff. 

Buyers have been additionally rattled earlier this month when its chief monetary officer, Gustavo Arnal, died after falling from a luxurious skyscraper in downtown Manhattan. The New York Metropolis medical expert’s workplace dominated his demise a suicide.

Within the meantime, Mattress Tub & Past is specializing in shoring up its financials, with GlobalData analyst Neil Saunders describing them as “in a parlous state.”

“The previous few years of poor technique have precipitated extreme monetary ache, and the scars will probably be borne in round 150 retailer closures and a curtailment of refurbishment packages,” he mentioned in a latest analysis be aware in regards to the closures. “These actions are needed, however they underline that earlier than the group can advance it might want to take a number of steps again.”

Under is a listing of the Mattress Tub & Past shops which can be closing:

Arizona

  • Interstate 17 & Carefree Freeway in Phoenix
  • Interstate 19 & Irvington in Tucson

California

  • 9918 Mission Gorge Highway in Santee 
  • 1140 Hilltop Drive in Redding 
  • 75 Lakewood Middle Mall in Lakewood 
  • 2601 Larkspur Touchdown Circle in Larkspur 
  • 39421 tenth Road West in Palmdale 
  • 15555 East 14th Road, Suite 240 in San Leandro 
  • 201 East Magnolia Blvd in Burbank
  • 117 Basic Stilwell Drive in Marina 

Connecticut

  • Ridgeway Purchasing Middle in Stamford 
  • 850 Hartford Turnpike in Waterford 

Florida

  • Sawgrass in Dawn 
  • 111 Towne Middle Blvd in Sanford 

Georgia

  • Presidential Market Middle in Snellville
  • Johns Creek in Suwanee 

Iowa

  • 1522 Flammang Drive in Waterloo
  • 2475 N.W. Arterial in Dubuque 

Illinois

  • Gurnee Mills Mall in Gurnee 
  • 915 East Golf Highway in Schaumburg 
  • Fairview Middle in Fairview Heights 
  • Carbondale College Mall in Carbondale 
  • 2850 Plainfield Highway in Joliet 
  • Kankakee in Bourbonnais

Louisiana

  • 2900 Meadow Creek Drive in Bossier Metropolis 
  • Massachusetts
  • 35 Highland Avenue in Seekonk
  • 8B Allstate Highway Suite 1 in Dorchester 
  • Granite Heights in Milford

Michigan

  • 31075 Orchard Lake Highway in Farmington Hills 
  • Northville Retail Middle in Northville 
  • Inexperienced Ridge Sq. in Walker 
  • 50551 Waterside Drive in Chesterfield 
  • 9050 Highland Highway White in Lake Township

Minnesota

3959 Second Road South in St. Cloud

North Carolina

The Arboretum in Charlotte 

Nevada

195 Los Altos Pkwy in Sparks

New Jersey

  • 34 E Ridgewood Ave in Paramus NJ 07652
  • Mount Olive in Flanders
  • 13 Route 9 South in Manalapan

New York

  • Orange Plaza in Middletown 
  • 500 East Sandford Blvd in Mt. Vernon
  • 4805 Industrial Drive in New Hartford 
  • 73 Centre Drive Suite 100 in Plattsburgh 
  • 251 Airport Plaza Blvd in Farmingdale 

Ohio

  • Bridgewater Falls in Hamilton 
  • Colerain in Cincinnati 
  • 10027 Fremont Pike in Perrysburg 
  • 4020 Milan Highway, Unit 910 in Sandusky

Oregon

2780 SW Cedar Hills Blvd in Beaverton

Pennsylvania

70 E. Wynnewood Blvd in Wynnewood

Puerto Rico

Plaza Del Sol in Bayamon 

Texas

  • 3201 Lawrence Highway Suite A in Wichita Falls 
  • Central Mall in Port Arthur 

Virginia

  • 135 Consumers Means NW in Christiansburg 
  • 532 Fort Evans Highway in Leesburg 

Washington

Lakewood Towne Middle in Lakewood