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Popular mattress retailer files for bankruptcy after almost 30 years and reveals all 15 locations will close for good
THE mattress industry hasn’t been resting too well lately.
Mattress and bedding industry sales are plummeting forcing the industry to make some tough choices.
In fact, sales for the first quarter of 2025 have plunged 5.7% compared to the same period in 2024, according to Furniture Today.
The International Sleep Products Association blames “policy uncertainty” and “stubborn inflation.”
Regardless, these conditions have put to sleep major mattress companies as they are forced to close their doors for good.
And one more popular mattress brand is on the chopping block.
The parent company of California-based Mattress Land has filed for Chapter 7 bankruptcy to liquidate its assets.
The filing comes after it closed all 15 of its stores throughout California, Nevada, Idaho and Washington back in June.
A LITTLE HISTORY
The Sleep Fit Corp. filed for Chapter 7 bankruptcy in July 17.
The company listed estimated assets of more than $903,000 and liabilities of more than $9 million, according to HomeTextilesToday.
The move came after the company shut down its stores back in June.
Mattress Land seems to have disabled its website and phone line.
The company had been in business since 1996, where its headquarters were based in Fresno.
Mattress Land is owned by William J. Van Beurden, who serves as company president, CEO and chairman.
CLOSING DOORS
Mattress Land is not the only mattress and bedding chain that’s struggling financially.
AFM Mattress Company LLC filed for Chapter 11 bankruptcy on July 6.
Mattress Land Location Closures
California: Fresno, Clovis, Visalia, Bakersfield, Merced, Atascadero, San Luis Obispo.
Nevada: Carson City, Sparks, Reno.
Washington: Spokane Valley, Spokane.
Idaho: Coeur d’Alene, Meridien, and Nampa.
The chain operated more than 57 American Mattress stores.
But it still runs more than 57 stores, according to its website.
And CVB Inc., a mattress distributor, was ordered by a court to file for Chapter 7 bankruptcy.
Six suppliers had cited about $3.5 million in unpaid debts.
Plus, furniture retailer, At Home, also filed for bankruptcy back in June and has announced 32 stores will close down.
And, Factory Mattress, known for selling several big-name brands, announced that it filed for bankruptcy on June 7.
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THE fugitive accused of murdering four family members is said to be part of a powerful gang that one expert fears could have helped him evade cops.
Austin Drummond’s Almighty Vice Lords is a Chicago, Illinois-based gang with members who one law enforcement official called the “worst of the worst.”
On July 29, a seven-month-old baby was found abandoned on a stranger’s front lawn in rural West Tennessee, and she was taken to safety.
Just hours later, cops found the bodies of the baby’s parents, 20-year-old Adrianna Williams and 21-year-old Matthew Wilson, on the side of a road.
Their bodies were found alongside Williams’ mom Cortney Rose, 38, and her younger brother Braydon Williams, 15.
After a days-long search, investigators captured Drummond on Tuesday, who they believe kidnapped the family and murdered all four family members.
He was pictured looking sweat-soaked and humiliated in images released by the Tennessee Bureau of Investigation.
The suspect was found in Jackson after a construction crew saw him darting into the woods, about an hour from where the baby was abandoned.
Investigators haven’t confirmed any connection between the suspect and the victims, but family members have claimed online that he had dated one of Rose’s sisters.
CRIMINAL HISTORY
Drummond is an ex-convict who served a 13-year prison sentence for robbing a store at gunpoint and kidnapping someone. He was released in September.
Three more people have been arrested and accused of helping Drummond allegedly commit the sick murders.
Investigators believe Drummond is a part of the dangerous Vice Lords gang, which is known to have a presence in West Tennessee.
The crime ring was started in the 1950s by a crew of African American teens who met while they were in juvenile detention.
In just ten years, they recruited a number of members and established a dangerous presence on the streets of Chicago, where they were known for violent robberies and assaults.
Officials also say the gang has an established presence in prisons, which may have been how Drummond was first introduced to members.
‘WORST OF THE WORST’
In the decades since its inception, the Vice Lords and their various factions have been linked to a number of shocking crimes across the US.
In 2019, Vice Lords Supreme Elite Chief Ronald Terry and his girlfriend were murdered in Memphis.
An internal investigation conducted by the faction Unknown Vice Lords found that a fellow member had killed them, the U.S. District Attorney’s Office for the Western District of Tennessee said.
However, they first blamed a rival gang, and the two attacked each other in a bloody shootout, according to CBS affiliate WREG.
Meanwhile, in December, three Vice Lords members in Detroit were sentenced to decades each of prison time for terrorizing the city for years, prosecutors said.
The gangsters, who were known as “Chief,” “Universal Elite,” and “Chief Enforcer,” were described as “the worst of the worst in our community” by federal investigators at the time.
“Greed bought them a one-way ticket straight into federal prison,” said Bureau of Alcohol, Tobacco, Firearms and Explosives special agent James Deir, according to the Detroit Free Press.
Quadruple murders timeline
Tuesday, July 29: A seven-month-old baby girl was found abandoned in a car seat in the front yard of a residence in Tigrett, Dyer County, Tennessee, at around 3 pm.
Hours later: Four individuals were found dead in Lake County approximately 40 miles from where the baby was located.
Wednesday, July 30: Investigators identify the victims as:
- Matthew Wilson, 21, (the baby’s father)
- Adrianna Williams, 20 (the baby’s mother)
- Cortney Rose, 38, (the baby’s grandmother)
- Braydon Williams, 15, (the baby’s maternal uncle)
Thursday, July 31: The Tennessee Bureau of Investigation name Austin Drummond, 28, as a suspect in the quadruple homicide.
Friday, August 1: Cops locate Drummond’s damaged Audi A3 abandoned on a road in Jackson. Tanaka Brown has been arrested and is accused of being an accessory to first degree murder after the fact and tampering with evidence.
Saturday, August 2: Agents arrest second man Giovontie Thomas for accessory to first degree murder after the fact. They also locate a Ford pick up truck believed to be connected to Drummond in Dyer County.
Monday, August 4: Dearrah Sanders is the third person to be arrested and charged for accessory to first degree murder after the fact.
Jackson cops also release surveillance footage of Drummond, wearing camouflaged gear, stalking a neighborhood and trying to get into a church building.
Tuesday, August 5: Drummond taken into custody after being captured in Jackson. He was arrested after cops issued a shelter-in-place order following a suspected sighting.
SEARCH FOR ‘GANGSTER’
With an elaborate crime network spanning across the US, experts fear that Drummond could have benefited from the brotherhood while he evaded capture.
Speaking exclusively to The U.S. Sun, criminology professor Dr. Angelo Brown, who teaches at Arkansas State University, said that Drummond could have been at “fellow gang member locations.”
He said that Drummond’s brothers may have delivered him “essential supplies” and helped him to change his appearance until the search dies down.
Brown was concerned for officials searching for Drummond because of the grisly nature of the crimes.
He said, “He knows that if he gets caught, he will likely never see freedom again, which puts him in a situation where he has little to lose.
“Therefore, if he harms more people, it probably won’t increase the punishment he will face if convicted.”
‘KILLER’ CAUGHT
Dyer County Sheriff Jeff Box celebrated Drummond’s capture and said that it came after “tireless work and dedication of our local, state, and federal partners.”
“Their commitment to justice and public safety around the clock since Tuesday at 3 pm has been invaluable throughout this investigation,” he said.
“Also, our citizens have been extremely helpful and cooperative. Thank you so much for always being a willing partner with our deputies and investigators.”
Drummond was captured on chilling surveillance stalking around in Jackson on Monday night, after investigators previously feared he had fled the state.
The convict filled his rap sheet while he was behind bars. He was charged with attempted murder in December 2024 over a fight with an inmate.
He was out on bail for that charge when he allegedly killed the family.
Drummond was also punished for being caught with drugs in prison.
Police's full statement
Tennessee police shared the following statement to announce the arrest of alleged murderer Austin Drummond:
Sheriff Jeff Box of the Dyer County Sheriff’s Office is pleased to confirm that the man responsible for the murder of four Dyer County citizens has been captured by the Jackson Police Department.
Sheriff Box expressed his gratitude to all agencies involved. “This would not have been achieved without the tireless work and dedication of our local, state, and federal partners. Their commitment to justice and public safety around the clock since Tuesday at 3pm has been invaluable throughout this investigation. Also, our citizens have been extremely helpful and cooperative. Thank you so much for always being a willing partner with our deputies and investigators.”
The Dyer County Sheriff’s Office recognizes the immense pain and suffering experienced by the families of the victims during this incredibly difficult time. “Our focus now shifts to honoring the lives lost and providing support to their grieving families. We urge the community and the media to respect their privacy as they navigate through this tragic loss.”
The investigation is ongoing and the Tennessee Bureau of Investigation is the lead investigative agency.
The Dyer County Sheriff’s Office will continue to work diligently to ensure justice is served for the victims and their loved ones while fostering a safe environment for our community.
Source: DCSO