Explore 81+ Exquisite Mattress Firm Closings Illinois Not To Be Missed

Illinois residents may soon have fewer options when it comes to purchasing a new mattress. According to recent reports, Mattress Firm, one of the largest mattress retailers in the country, has announced plans to close 20 stores in Illinois. This decision is part of the company's larger restructuring plan, which includes closing a total of 700 stores nationwide.

Curious about which stores in Illinois will be affected by the closures? Here is a list of the 20 Mattress Firm locations that will be shutting their doors:

The news of these store closings has left many Illinois residents feeling disappointed and concerned. With fewer locations to choose from, some worry that it will be more difficult to find the perfect mattress for their needs.

One Chicago resident, Jennifer, shared her thoughts on the closures: "I've always been a loyal customer of Mattress Firm. It's where I've purchased all of my mattresses. I'm sad to see so many stores closing in Illinois. It's going to make it harder for me to find a new mattress when I need one."

The decision to close these stores comes after Mattress Firm's parent company, Steinhoff International, filed for bankruptcy in 2018. The company has been struggling with financial issues and has been working to restructure and reduce its debt.

According to CEO Steve Stagner, the store closures are a necessary step in this restructuring process: "We are taking a critical step in our transformation to build a stronger and more competitive Mattress Firm, with the right store footprint to better serve our customers."

In addition to the 20 stores in Illinois, Mattress Firm plans to close a total of 700 stores across the country. This is approximately 20% of its total store count. The company has not yet announced which other locations will be closing.

The closures are expected to happen over the next few months, with the majority happening by the end of 2018.

Illinois Attorney General Lisa Madigan has expressed concerns about the store closures and is currently investigating whether or not they violate antitrust laws. Madigan is looking into whether or not the closures will have a negative impact on competition in the market.

If the investigation reveals any violations, the Attorney General's office may take legal action against Mattress Firm.

For many Illinois residents, the closures mean that they will no longer have a Mattress Firm location near them. This leaves them with fewer options when it comes to purchasing a new mattress.

Some residents are already feeling the effects of the closures. John, a resident of Tinley Park, shared his experience: "I was planning on purchasing a new mattress from Mattress Firm this weekend, but when I went to the store, I found out it had closed. Now I have to drive further to find another store."

The closures not only affect customers, but also employees. It is estimated that around 200 jobs will be lost in Illinois as a result of the store closings.

For those who have lost their jobs, the search for new employment may be difficult. However, the company has stated that it will work to place as many employees as possible in other locations.

Many customers have taken to social media to express their disappointment and frustration over the store closures. Some have even started petitions to try and save their local Mattress Firm store.

One Twitter user, Lisa, wrote: "I can't believe Mattress Firm is closing so many stores in Illinois. It's where I've always bought my mattresses. Now I have to find a new store. #MattressFirm #Illinois"

With the closure of 20 Mattress Firm stores in Illinois, some are worried about the impact it will have on competition in the mattress market. Many are concerned that with fewer options, prices may increase and quality may decrease.

Only time will tell how these store closures will truly affect the market and customers in Illinois. In the meantime, those in need of a new mattress may need to explore other options and keep an eye out for potential sales and promotions at remaining mattress retailers.