Bed Bath & Beyond just announced plans to close tons more stores across the country — and our area — as the company is gearing up to file for Chapter 11 bankruptcy protection. The news was confirmed in a report filed with the SEC on Tuesday. Atotal of 87 of the company’s properties...
On Tuesday, Bed Bath & Beyond announced that 40 store locations nationwide "have alreadyclosedor will close in 2020." A spokesperson for the company told TODAY that the stores — located in 19 states and Washington D.C. — "no longer meet the standards our customers expect from us." "We...
In October 2022, Bed Bath & Beyond named her permanent CEO. Gove executed a turnaround plan designed to reverse declining sales, win back customers, recapture market share and restore financial stability. The plan included store closings, job reductions and a pullback from the private label ...
If it’s able to find a buyer, Bed Bath & Beyond will halt store closings. But if a buyer doesn’t come forward, Bed Bath & Beyond will likely be liquidated entirely and go out of business. It’s also possible the company could emerge from bankruptcy as an online-only retailer, ...