What Sleep Number's bankruptcy filing actually means for customers with open orders

Sleep Number has officially filed for Chapter 11 bankruptcy, sparking concerns for customers with open orders. However, the company clarifies that this legal move is not a total shutdown of operations. Instead, the filing is a strategic component of a planned sale process. The organization aims to restructure its financial obligations while continuing to serve its client base during the transition, ensuring that the bankruptcy process facilitates a sale rather than a complete business closure.