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
Beleaguered retailer Bed Bath & Beyond Inc. has missed interest payments on its bonds, the Wall Street Journal reported late Wednesday, as the possibility of bankruptcy looms over the company. Bed Bath & Beyond BBBY, confirmed to the Journal that it missed more than $28 million in payments for three tranches of notes totaling about … Read more
Text size Bed Bath & Beyond stock is falling Tuesday amid continued worries about its future. Joe Raedle/Getty Images Another day, another report warning that a Bed Bath & Beyond bankruptcy filing could be imminent. Shares of the beleaguered retailer are falling. Bed Bath & Beyond stock has fallen 7% to $2.67 cents at 10:27 … Read more
Bed Bath & Beyond Inc. said Friday it was closing an additional 87 of its flagship stores and its entire Harmon chain of drugstores, as the retailer struggles to find financial support to keep its operations funded. The latest closings are in addition to a plan announced in August to shut 150 lower-performing Bed Bath … Read more
Text size Bed Bath & Beyond stock was up about 15% so far this year near midday on Monday. Michael M Santiago/Getty Images The past month has been a wild ride for Bed Bath & Beyond investors, with the share price surging in response to what most people would consider bad news. Since the home … Read more
Ailing home-goods retail chain Bed Bath & Beyond Inc. BBBY, +1.19% on Thursday said it had appointed Carol Flaton as a director of its board. The company said in a filing that she qualifies as an independent director. The decision took hold on Jan. 24. She will receive compensation equal to $30,000 per month. Bed … Read more
Bed Bath & Beyond Inc. said Friday it was closing an additional 87 of its flagship stores and its entire Harmon chain of drugstores, as the retailer struggles to find financial support to keep its operations funded. The latest closings are in addition to a plan announced in August to shut 150 lower-performing Bed Bath … Read more
Bed Bath & Beyond Inc. said Friday it was closing an additional 87 of its flagship stores and its entire Harmon chain of drugstores, as the retailer struggles to find financial support to keep its operations funded. The latest closings are in addition to a plan announced in August to shut 150 lower-performing Bed Bath … Read more
Bed Bath & Beyond Inc. said Friday it was closing an additional 87 of its flagship stores and its entire Harmon chain of drugstores, as the retailer struggles to find financial support to keep its operations funded. The latest closings are in addition to a plan announced in August to shut 150 lower-performing Bed Bath … Read more
Text size Bed Bath & Beyond is closing more than 200 stores as it runs out of cash to fund operations. Dreamstime Bed Bath & Beyond on Thursday admitted what many industry analysts have suspected for quite some time—the company is quickly running out of cash and can’t pay off its sizable debt. While acknowledging … Read more