Local Business

Jorge Sanhueza-Lyon/KUT

After years of rampant expansion, Houston-based Mattress Firm filed for bankruptcy protection Friday in an effort to get out from under $3.2 billion in debt. The retailer will likely close 700 of its 3,355 stores, 200 of which will likely close in the next few days.

Jorge Sanhueza-Lyon / KUT

The California-based company hired to help rewrite Austin's land development code is not meeting contractual goals to hire local minority-owned and women-owned firms. 

Gabriel Cristóver Pérez/KUT News

From lower wages to higher interest rates for loans, minority business owners in Austin often face disproportionate challenges. But city staff are working to help those businesses find more opportunities to work with the city of Austin.