The company’s brick-and-mortar footprint has already shrunk dramatically, a regulatory filing showed late Monday, and the new closings mean it will have shuttered 400 stores in the past year — almost half the 950 or so stores it had open in February 2022. That includes last week’s announcement that it was also closing all 49 remaining Harmon Face Value stores, which sold cosmetics; plus 5 buybuy Baby locations. A list of the new store closures wasn’t immediately available.
Bed Bath & Beyond held talks in recent days with an investment firm to underwrite a significant portion of the proposed offering, according to Reuters. Bed Bath and Beyond has been part of the meme stock phenomenon, with shares skyrocketing as much as 400% last year when activist investor and GameStop chairman Ryan Cohen took a stake and sought changes. Shares of the retailer, which closed up 92% at $5.86 in a rollercoaster session Monday, were down 40% in in pre-market trading Tuesday.
Just leave already
Karma MyPillowOutlet
All because they hate freedom... the people choose freedom over lies. That's why we don't watch cnn. Smart people get their news from epoch tv, oan news, frankspeech, ntd news,Rumble, gateway pundit and other non communist sources
THAT WAS ABOUT TIME “ THE ONLY ONE TIME I WENT TO ONE OF THESE STORE NOBODY CAME TO ASK ME WHAT I WAS LOOKING FOR” THEY HAVE EVERYTHING BUT PRICES WERE NOT COMPETITIVE 👎🏿
Because the ingredients are horrible. Had they updated their products and used natural ingredients they could have competed with the market.
Maybe Mike Lindell should buy them.
Haven't shopped there since I saw My Pillow in there. Pass
Bed Bath & Bankruptcy
Good news. I've personally not been there since they cancelled My Pillow. Doubt they learned a lesson from this though.
But Biden said the economy is kicking ass. He wouldn’t lie to me would he?
We know it’s a liquidation