26-year-old mattress chain closing its doors forever
Despite my 30-plus years of covering the retail industry, I have never felt comfortable purchasing a mattress. The difference in price and quality between various brands has always made determining value a challenge.
In addition, the industry seems to rely on sales, which don't always line up with when I've actually needed a mattress. It's an industry that feels very outdated, like buying a car from a dealer where the salesman continually needs to go consult with his manager.
That same confusion around pricing, value, and timing doesn’t just frustrate shoppers. It also makes it harder for smaller mattress retailers to compete, forecast demand, and survive as buying habits change.
Despite that, people need mattresses and global sales are expected to steadily rise, according to data from Grand View Research.
"The global mattress market generated a revenue of $46,475.3 million in 2024 and is expected to reach $67,509.0 million by 2030. The market is expected to grow at a [compound annual growth rate] CAGR (2025-2030) of 6.5% by 2030," according to the data firm.
Even in a growing mattress market, sales increasingly favor national brands and online sellers, leaving regional chains more exposed to margin pressure, inventory risk, and shifting consumer expectations.
Many mattress chains have struggled, and another long-standing family-owned chain, Mattress Factory, has decided to close all its locations.
Mattress Factory begins going-out-of-business sale
When you visit the Mattress Factory website, the company has clearly decided not to hide that it's going out of business.
"All stores are closing sale. Thank you for 26 years!" the retailer shared in all caps on its homepage.
The company has positioned the shutdown as a closure due to retirement.
"After 26 years, this retirement is the biggest event ever. All new stock must go now! All floor samples must go!" the company shared.
"Regarding the closing timeframe, Mattress Factory does not have an exact closing date but they likely will be open into to [sic] February. Since this is a planned retirement, Mattress Factory is positioned to stay open as long as needed to sell all of the inventory," 42Freeway.com, a local news website, reported.
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At its peak, the chain had 15 locations. It has four remaining.
"With every item priced to sell quickly, individual products and sale prices are not being published online. Shoppers are encouraged to visit the Deptford store and speak directly with the team, where many items are already marked with advertised discounts," 42Freeway.com shared.
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