Mattress Bathtub & Past returns to shops with 3 Mass. places
Enterprise
The retailer is opening brick-and-mortar retailers inside choose Container Retailer places as a part of its post-bankruptcy comeback.
After closing a whole bunch of retailer places following its 2023 chapter, Mattress Bathtub & Past is staging a comeback, however this time as a roommate.
The model is opening almost 100 places nationwide in a mixed duo with the Container Retailer, together with three in Massachusetts and one in Rhode Island.
“It is a reset with objective,” Jen Pape, senior vp of shops at The Container Retailer, mentioned in a assertion. “We’re actively reshaping our shops to make room for what’s subsequent.”
Starting in Could, the places will transition over to The Container Retailer + Mattress Bathtub & Past format. The reimagined shops will mix The Container Retailer’s organizing options with Mattress Bathtub & Past’s dwelling assortment.
Mattress Bathtub & Past introduced in an April 2 regulatory submitting that it plans to accumulate and merge with The Container Retailer in a $150 million deal. The merger is anticipated to happen by mid-2026.
The merger marks the most recent step within the firm’s overhaul. Mattress Bathtub & Past started restructuring after submitting for chapter in April 2023, following years of declining gross sales.
Quickly after, Overstock.com purchased the corporate’s property for $21.5 million, rebranded the enterprise as Past Inc., and initially centered on rebuilding the model on-line.
Since then, the corporate has acquired buybuy BABY and the Kirkland’s and Kirkland’s Dwelling manufacturers. Originally of April, the corporate additionally mentioned it plans on buying Lumber Liquidators, Cupboards To Go, Gracious Dwelling, and Southwind Constructing Merchandise.
By the tip of 2025, Mattress Bathtub & Past employed 389 full-time employees, based on its annual report.
In the same timeframe, the Container Retailer filed for chapter in December 2024, however maintained “enterprise as typical” by protecting its shops open, based on a regulatory submitting. It emerged from chapter at the start of 2025 with greater than 100 places nationwide.
In a letter to Mattress Bathtub & Past shareholders earlier this month, CEO Marcus Lemonis mentioned that merging with the Container Retailer will assist “fill crucial gaps in each our retail and residential providers technique.”
The Container Retailer, he wrote, will convey greater than 100 places representing 2.2 million sq. toes of premium retail house.
“I imagine right now marks the start of our subsequent part of progress,” he wrote.
Areas of the brand new rebranded shops:
- Chestnut Hill, 55 Boylston St., MA
- Natick, 1265 Worcester St., MA
- Peabody, 210 Andover St., MA
- Cranston, 150 Hillside Rd., RI
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