Several mattress and bedding retailers are facing financial distress in 2026 after the industry finished 2025 with higher revenue.
The U.S. bed and mattress stores sector navigated a period of steady growth, with revenue rising by 1.3% to $28.4 billion year over year in 2025, according to IbisWorld analysis.
North Charleston, S.C.-based Mattress Warehouse of Charlotte Inc., which operates 10 stores, is not seeing the positive growth this year that it experienced in 2025.
Discount mattress and bedding chain No Bull Mattress & More‘s parent company has filed for Chapter 11 bankruptcy protection to reorganize its business.
Shutterstock
No Bull Mattress & More files bankruptcy
Mattress Warehouse of Charlotte filed its Subchapter V petition in the U.S. Bankruptcy Court for the District of South Carolina on Aug. 24, listing over $374,000 in assets and over $2.8 million in debts.
Mattress Warehouse of Charlotte’s gross annual revenue had risen from about $1.98 million in 2024 to about $2.05 million in 2025. The mattress chain, however, had generated just over $825,000 in revenue in 2026 until the Aug. 24 filing date, according to its petition.
The debtor did not give a specific reason in its petition for filing for bankruptcy.
Operates 10 retail stores
Mattress Warehouse of Charlotte operates 10 No Bull Mattress & More locations in New Jersey, North Carolina, and South Carolina.
No Bull Mattress claims that its mattress prices are 55% to 80% lower than major mattress chain prices, according to its website. The retail chain says that mattress retailers like Mattress Firm and Sleep Number spent over $750 million on advertising in 2025.
Retailer spends almost zero on ads
“You pay for that! We spend virtually zero dollars on advertising and pass the savings along to you,” No Bull Mattress said in a message on its website.
The 24-year-old mattress retail chain also offers a multi-year price guarantee on top of its discounts.
“For five years after purchasing your mattress from us, if you find any comparable mattress in any brand or model for less, we will honor that price and pay you an additional 100% of the difference,” the company said on its website.
The debtor’s largest unsecured creditors include Greenbridge Funding LLC, owed $227,000; Rapid Finance, owed over $176,000; Wells Fargo Bank, owed $100,000; 3Z Brands, owed over $48,000; American Express, owed $48,000; and OnDeck Finance, owed $44,000.
Among the mattress and bedding retailers to file for bankruptcy protection in 2026 are Cerritos, Calif.-based Ortho Mattress, which filed for bankruptcy on June 1 to reorganize, and Humble, Texas-based SuperNova Furniture, which filed for Chapter 11 bankruptcy protection to reorganize its business on April 15, according to PacerMonitor.
No Bull Mattress & More locations:
- Bluffton, 4380 Bluffton Parkway, Bluffton, S.C.
- Charleston, 14 Windermere Blvd., Charleston, S.C.
- Charlotte-Monroe Road, 2928 Monroe Road, Charlotte, N.C.
- Charlotte- South Blvd., 7143 South Blvd., Charlotte, N.C.
- Cherry Hill, N.J., 2060 Springdale Road #600, Cherry Hill, N.J.
- Hilton Head Island, 1203 Main St. A, Hilton Head, S.C.
- Indian Trail, 13803 E. Independence Blvd., Indian Trail, N.C.
- Mt. Pleasant, 1220 Ben Sawyer Blvd., Mt. Pleasant, S.C.
- North Charleston, 4220 Dorchester Road, North Charleston, S.C.
- Summerville, 1580 Old Trolley Road, Unit E, Summerville, S.C.
- Source: No Bull Mattress & More.
Related: 48-year-old casual dining chain closed 106 locations
