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News
May 1, 2023
As banks fail, retail bankruptcies rise
As the era of free money ends, an increasing number of retailers have been pushed into bankruptcy — serving as prospective targets for bargain-hunting acquirers.
The home-goods retailer’s mixed signals remind some of Toys “R” Us. The toy retailer filed to reorganize in 2017, only to liquidate its U.S. operations months later.
Amazon, Walmart Didn't Kill Bed Bath & Beyond; It Died From Within
Amazon's and Walmart's technology and scale advantage may have lured some customers away from Bed, Bath & Beyond (BBBY), but they didn't kill the big box retailer. Instead, it died from within.
Bed Bath & Beyond filed for Chapter 11 protection in U.S. Bankruptcy Court in New Jersey yesterday to begin a wind-down process as it seeks buyers for one or more of its assets.
Bankrupt Bed Bath & Beyond Desperately Seeking Buyer
Beleaguered Bed Bath & Beyond Inc. finally filed for Chapter 11 bankruptcy on Sunday, eight months after speculation about its finances suggested a collapse could be coming.
