Bed Bath & Beyond announced its decision to close 150 stores last year. Credit: JJBers / Flickr (Creative Commons). US-based homeware retailer Bed Bath & Beyond has decided to close 87 more stores as it considers filing bankruptcy protection. CNN reports that the closures follow an announcement made by the retailer last year, sharing its … Read more
Bed Bath & Beyond just announced it is closing an additional 140-plus stores, including all of those in its Harmon health and beauty chain. It hinted that it was considering bankruptcy in its last earning call. The story of Bed Bath & Beyond’s downfall is a decade in the making. Jaime Katz, a retail analyst … Read more
Bed Bath & Beyond Inc. missed interest payments on its bonds, a week after its bank lenders sent the company a default notice because it was overdrawn on its credit lines. The home-goods retailer failed to pay more than $28 million on three tranches of notes totaling roughly $1.2 billion due on Feb. 1, a … Read more
Photo: Gabby Jones/Bloomberg via Getty Images It’s the end of an era for college students and bargain hunters everywhere. Bed Bath & Beyond confirmed on Wednesday that it would be closing 87 stores across the US, including all Harmon Health and beauty store locations, as well as five Buy Buy Baby stores. If you were … Read more
new York CNN — Bed Bath and Beyond is closing another 87 stores as the struggling retailer barrels toward bankruptcy. 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, … Read more
Bed Bath & Beyond Inc on Tuesday reported a quarterly loss of about $393 million after a tough third quarter that it hoped would provide a financial cushion to its months-long cash burn. The company did not say if it would file for bankruptcy after saying last week it was working with outside advisers to … Read more
LOUISVILLE, Ky. (WDRB) — Bed Bath & Beyond is closing one of its two Louisville stores. In a release on its website, the company listed the store on Summit Drive as one targeted for closing. That’s in the Paddock Shops in east Louisville. The remaining location in Louisville is in St. Matthews on Breckenridge Lane. … Read more
LOUISVILLE, Ky. (WAVE) – One of Louisville’s remaining Bed Bath & Beyond locations will be closing its doors. The company confirmed the store located at 4350 Summit Plaza Drive is set to close this year. No official closing date has been set. Bed Bath and Beyond announced 87 closings on Monday as the company could … Read more
This year has already been difficult for retailers. We’re only one month into the new year and the likes of Party City (PRTY) – Get Free ReportJoann (JOAN) – Get Free Reportand Bed Bath & Beyond (BBBY) – Get Free Report are plagued with grim balance sheets. Party City filed under Chapter 11 of federal … Read more
(Gray News) – Struggling retailer Bed Bath & Beyond has announced a new wave of store closings as the company could be nearing bankruptcy. The company announced another 87 closings Monday, and it also includes several Buy Buy Baby locations along with all of the remaining Harmon stores. This decision comes weeks after Bed Bath … Read more