For all the talk about stashing money there, there is not a lot of money in mattresses.
Just ask Serta Simmons, which has filed for Chapter 11 bankruptcy, heralding an end of a hard period for the once-comfortable mattress sector.
Serta controls one-fifth of the US bedding market and did $2.4 billion in sales in 2022, but its troubles go back to a 2020 restructuring that…

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