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Mattress Firm plans to close more stores this year than previously announced, but it also intends to open dozens of new locations.

The Houston-based mattress retailer closed 99 stores during the fourth quarter of 2017 and will close another 175 stores in 2018, according the latest quarterly report from its parent company,  Steinhoff International.

The 274 store closures is higher than the 200 closures Mattress Firm officials announced in December 2017.

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