The closing stores are in addition to the 150 closures Bed Bath and Beyond announced last August. Included in the new list is 5 buybuy Baby locations and all 49 remaining Harmon Face Value stores, which once sold cosmetics. “As we continue to work with our advisors to consider multiple paths, we are implementing actions to manage our business as efficiently as possible,” a Bed Bath and Beyond spokesperson told CNN. “This store fleet reduction expands the company’s ongoing closure program.
The company said that “at this time, the company does not have sufficient resources to repay the amounts under the credit facilities and this will lead the company to consider all strategic alternatives, including restructuring its debt under the US Bankruptcy Code.” Bed Bath and Beyond\n \n defaulted “on or around” January 13, according to the Securities and Exchange Commission filing. It could be forced to file for Chapter 11 bankruptcy reorganization due to its financial woes.
Yet you 'clowns' insist that ALL companies are taking in enormous PROFITS!!
I have $155 in rewards I need to spend them
Target is next
Go woke Go broke
Anyone think this guy actually went through his closet looking for 20% off coupons? Seems it'll all be available at liquidation stores for 60% off in a few months, anyway?
Bed, Bath, Beyond, and Bankruptcy. I guess they never imagined the “beyond” would be a different “B” word.
& They were the best Nationwide from LA to Yonkers & beyond...
they stopped selling Mr. Pillow, then they were done?
Are WinstonLaw and that ambulance chaser Abbe Lowell for America?
Biden’s economy
Yes, you know know it - go woke, go broke. By the way, this applies to politician, too.
Sorta barreling like your ratings..
Thanks biden
they spent 100B in helping ukrainian soo the ukrainians should bail these companies soo that people will not loose their jobs or maybe just print money to bail them out and increase the debt and maybe the russians will pay it wen NATO controls all all the land
Thanks leftism. Really helping America.
Terrible management decisions in the last 10 years that led them to this.
They were way over priced, however it always smelled good when I walked in!
Thank you for assisting in setting the bear trap🏴☠️
I kind of figured this would happen when I walked in an saw the prices they charge.
Shouldn’t have gotten rid of my pillow. Go woke go broke.
how will anyone be able to live laugh and love?
Guess I can finally toss all those giant blue 20% off coupons since the only remaining store close to me is on the list. It was fun while it lasted.
the culture and lifestyle in usa going broke and changing to a less practical less active violent emotionally unstable irresponsible and immature going broke group of people. quit exaggerating wealth keep wealth real this still a rich country
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Source: DispatchAlerts - 🏆 72. / 68 Read more »