Tag Archives: unethical

Exclusive: Mattress Firm planning bankruptcy filing as soon as this week

(Reuters) – Mattress Firm Inc, the largest U.S. mattress retailer, is preparing to file for bankruptcy protection as soon as this week, as it seeks to exit costly store leases and shore up its business, people familiar with the matter

Largest US Mattress Retailer Preparing To File For Bankruptcy

It has long been speculated that Mattress Firm, the US mattress retailing giant, was in a solvency crisis, largely as a result of the spectacular collapse of its parent, Steinhoff International Holdings NV following an accounting scandal in late 2017

Steinhoff CEO/CFO Step Down

Markus Jooste, CEO for Steinhoff and Ben la Grange acting CFO, both step down under growing concerns about accounting irregularities. Markus led Steinhoff on a great run acquiring companies and growing Steinhoff into the second largest retailer in all of

The Company That Owns Mattress Firm Is Plunging After Its CEO Resigned

Steinhoff International Holdings NV plunged after its chief executive officer resigned amid accounting irregularities, rocking a company that’s rapidly expanded from its roots in South Africa into a retail empire spanning Australia, Europe and the U.S. The owner of the France-based

Industry News affecting the Furniture Revolution

The Rise and Fall of Steinhoff, South Africa’s Global Retailer By  Janice Kew December 6, 2017, 4:46 AM PST Steinhoff International Holdings NV, founded in 1964 as a German furniture seller, morphed into a South Africa-based retailer with global ambitions.

The Internet has made the Mattress Business even sleazier

https://larrykozin.tumblr.com/post/166571365497/the-internet-has-made-the-mattress-business-even

What’s wrong with the Mattress Industry? (everything)

  https://larrykozin.tumblr.com/post/165729323957/whats-wrong-with-the-mattress-industry  

Furniture Chamber of Commerce is Investigating Wall Street Mattress Firms for Unethical & Fraudulent Business Practices

Independent Mom & Pop Mattress & Furniture stores are becoming a dinosaur in America, as Wall Street Mattress Firms are outspending and out maneuvering small business owners, utilizing unethical & fraudulent business practices. The Furniture Chamber of Commerce is dedicated