12.16.2014

Capitol Mattress Going Out of Business


LATHAM>> Capitol Mattress and Waterbed Warehouse in Latham announced today that they will be closing their doors for good in March of 2015.  A store-wide liquidation sale of all merchandise is planned for January and February, which is expected to offer consumers significant discounts on mattresses, furniture, and related accessories.  The closing is a direct result of an over-saturation of chain furniture and department stores selling mattresses in the region.

Capitol Mattress has been locally owned and operated since 1974.  Owner Steve Califano has been a staple of local television advertising for most of that time.  “I could write a book about how the corporate big box and chain stores crush local independent business”, Califano says.  “The regional chains have been building new locations on every corner.  They seem to have unlimited resources.  It’s gotten harder and harder for the independents every year. I’ve had a lot of great years, but it’s
time to move on.”

The store-wide liquidation is being branded “The Big Retirement Sale” and will offer customers drastically discounted prices.  “We’re selling absolutely everything” says Califano, It’s a really great opportunity for people to make a steal on a new mattress.”

ABOUT CAPITOL MATTRESS

Capitol Mattress and Waterbed was first opened in 1974 by Califano and his father as Capital District Waterbeds.  Their first store was in the former Mohawk Mall.  The business quickly expanded, adding additional locations at Westgate in Albany and Route 9 in Latham.  In 1990 their product line was expanded to include conventional mattresses from major brands such as Sealy, Simmons,Serta and Tempurpedic.  The Albany and Schenectady locations were consolidated into the store on the
Latham Circle which became the largest super-store of sleep products in the area.  They currently have five employees.

www.CapitolMattress.com

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