50 Companies At Risk Of Bankruptcy In 2019

Published on 10/15/2019
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Things Remembered

We definitely hope that this company doesn’t become things forgotten! On February 6, 2019, Things Remembered filed for Chapter 11 bankruptcy, Business Insider reports. This company makes personalized keepsakes such as bags and wallets with a person’s name on it as well as engraved jewelry. They also produce products for you to keep your keepsakes in such as jewelry boxes.

Things Remembered

Things Remembered

Luckily, this personalized gift shop is still open to those who want to purchase personalized gifts. According to RetailDive in its March 11, 2019 article, the company was successfully sold to Enesco, a gift and home decor company. All of Things Remembered’s online, B2B retail operations, direct mail, as well as its 176 locations will retain the company’s name.

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Innovative Mattress Solutions

On January 14, 2019, this Kentucky-based mattress company filed for Chapter 11 bankruptcy, Business Insider reports. Aside from Mattress Warehouse, Innovative Mattress Solutions is also the owner of Sleep Outfitters and Mattress King. On January 15, 2019, another retailer called Mattress Warehouse put out a press release to explain Innovative Mattress Solutions’ bankruptcy.

Innovative Mattress Solutions

Innovative Mattress Solutions

It states that although it has the same name as one of its subsidiaries, Innovative Mattress Solutions’ bankruptcy is not in any way related to it. The release states, “This filing of Chapter 11 bankruptcy has no bearing on the Mattress Warehouse (sleephappens.com) organization or their relationships with their vendors.” USA Today reports in January 2019 that Innovative Mattress Solutions might shut down 142 stores.

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