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Steinhoff’s Mattress Firm files motion to reject 99 more leases

Mattress Firm filed for bankruptcy in early October.
The bed retailer plans to shut as many as 700 stores. Picture: Reuters

Embattled retailer Steinhoff International Holdings NV’s US unit has filed a motion to reject the leases of another 99 bedding stores.

Earlier in the month bankrupt Mattress Firm filed a motion to reject 306 unexpired leases, according to the Delaware court filing. The bed retailer filed for bankruptcy on October 5 with plans to shutter as many as 700 stores.

© 2018 Bloomberg

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