Banner Mattress & Furniture closing Toledo locations - 13abc.com Toledo (OH) News, Weather and Sports

Banner Mattress & Furniture closing Toledo locations

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Banner Mattress and Furniture is set to close its Toledo locations. The superstores on Hill Avenue and Alexis Road are scheduled to close by late September after decades of business in the Glass City.

Banner has been in Toledo for 85 years, so the closing comes as a surprise, but we’re told this isn't the end of the Toledo-made mattresses.

Banner Mattress General Manager and Vice President Bard Strand tells us that he and three other colleagues plan to take over the business once the locations shut down.

The plan is to use the existing mattress factory to open a similar business. There aren't a lot of details about where the stores will be located, but Strand says the goal is to take some of the current employees with them.

He says there are a number of reasons why he and the other partners want to continue, but the biggest has been the support of the Toledo community.    

 “The customers have been fantastic, and I just hope they stick with us, especially when we start up the new company," he says.

Strand says Banner will close in late September, and the plan is to have the new business up and running the very next day.

Banner Factory Direct will still honor and service all warranties of Banner mattresses.

Negotiations are also underway with the landlord of the Perrysburg location to become part of the new Banner Factory Direct operation.

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