NewsCovering Kentucky


Kentucky-Based Mattress Retailer Files For Bankruptcy

Posted at 6:14 AM, Jan 14, 2019
and last updated 2019-01-14 10:16:01-05

(USA Today)– Kentucky-based retailer Innovative Mattress Solutions has filed for bankruptcy.

The company, which owns Sleep Outfitters, Mattress Warehouse, and Mattress King is seeking Chapter 11 bankruptcy protection.

As a result IMS is expected to close some of its 155 stores.

According to court documents, Lexington-based Tempur-Sealy, has agreed to provide up to $14 million in bankruptcy financing.

Innovative Mattress Solutions owns stores in Kentucky, West Virginia, Ohio, Tennessee, Alabama, and Indiana.