Mattress Bathtub & Past
struck a $120 million deal to assist get merchandise again on its cabinets because it tiptoes round a possible chapter submitting, the corporate stated on Wednesday.
ReStore Capital, an funding supervisor that gives “inventive financing options” within the retail business, will purchase as much as $120 million of merchandise from Mattress Bathtub’s (ticker: BBBY) key suppliers to spice up stock on the embattled retailer’s shops.