Thomson ReutersA Bed Bath & Beyond sign is shown in Mountain View, Calif., in 2012. Bed Bath & Beyond Canada has filed for creditor protection and will close 54 stores.
The Canadian division, which operates 54 Bed Bath & Beyond stores and 11 buybuy BABY stores, is insolvent, the filing posted on the website of consultancy. Alvarez & Marsal has been appointed as a monitor of the business in the Canadian court case. As of Jan. 31, the company employed approximately 387 full-time employees and 1,038 part-time workers in connection with its retail operations across Canada, according to the filing.
Bed Bath & Beyond Canada had a net loss of $99.5 million for the nine-month period ending Nov. 26, 2022, the documents show.
Overpriced bath robes , towels and sheets, no thanks.
Well when you can buy a towel for $30 or $10 where do you think you’ll go? BB&beyond was overpriced!
Bed Bath and Gone
Quand même drôle dans tous les pays les décès chez les jeunes enfants et ados augmentent énormément, les naissances n’ont jamais été aussi basse …… Tous ça depuis le début de l’injection expérimental et tous le monde ne comprend pas ….
Another company down the toilet . . .
They deserve to be out of business.
No wonder. Who could afford anything there anyways. Way overpriced.
🙋♂️
The one in our city has been practically empty since before Christmas. I wondered what was going on and if they were closing.
Good,go Woke go BROKE!!
My daughter works in one of their stores in Ottawa.. She was dreading this happening .. She loved her job with them..
You will be missed, $BBBY
Creditors have pulled the plug.
Just reminded me that the same thing happened to The Olive Garden and Red Lobster in Canada. Both popular and profitable here, but sold because the American parent corporation was short of cash.
After looking on their web site for a shower curtain, I understand why. $250? For a SHOWER CURTAIN!
Go woke…
Never bought anything there. Won’t miss it
Hahaha
Umm some context would be nice.. like why? was it predictable? & why should we care🤨?
LIQUIDATION SALE. Get those fresh towels, folks 😂
Bed, Bath to Infinity and Beyond.
They threw in the towel 😲
This is what happens when hedge funds short a stock into oblivion without oversight.