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 It’s an industry that feels very outdated, like buying a car from a dealer where the salesman continually needs to go consult with his manager.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.

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.

1998-1999, company founded locally: The Mattress Factory, Inc. was incorporated in Pennsylvania on October 1, 1999, establishing the business that would serve the Philly region for decades, according to Better Business Bureau data.

Early 2000s, expansion into multiple area locations: Early growth included stores in the Montgomeryville, Springfield, Langhorne, and South Jersey markets as part of regional expansion to serve the Delaware Valley, 42 Freeway reported.

By 2004, brand establishes presence in South Jersey: Advertising from the mid-2000s shows the chain operating several locations, including at least six stores in the Philadelphia/South Jersey area by 2004, indicating steady growth in the retailer’s footprint, added 42 Freeway.

2019, peak regional footprint (15 stores): Just before the Covid pandemic, Mattress Factory had grown to about 15 locations throughout the Philadelphia region, reported 42 Freeway.

January 1, 2026, retirement-driven closure sale begins: Signs appeared at the Deptford, N.J., location and others announcing “Everything Must Go” as the company began its final retirement close-out sale, signaling the end of operations after 26 years, according to the Mattress Factory website.

Early 2026, all stores to close as ownership retires: The family-owned regional chain confirmed it will close all remaining Philadelphia-area and South Jersey stores as the owners retire, marking the end of the retailer’s presence in the area, it shared on its website.

“The United States Mattress Market size is estimated at $18.11 billion in 2025, and is expected to reach $21.88 billion by 2030, at a CAGR of greater than 3.85% during the forecast period (2025-2030),” according to a study by Mordor Intelligence.

Demand now hinges more on replacement cycles, housing construction, and technology-focused sleep upgrades than on first-time purchases, the study shared.

By product type, innerspring held the lead with 45.3% of the United States mattress market share in 2024, while foam, including memory foam, is projected to expand at a 4.46% CAGR through 2030.

By mattress size, queen models commanded 45.1% of the United States mattress market size in 2024 and are set to grow at a 3.98% CAGR to 2030.

By end user, the residential segment accounted for 69.3% of the United States mattress market size in 2024 and is forecast to advance at a 4.05% CAGR through 2030.

Related: 54-year-old furniture chain closing forever as industry slumps

This story was originally published by TheStreet on Jan 3, 2026, where it first appeared in the Retail section. Add TheStreet as a Preferred Source by clicking here.