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News
April 23, 2023
Bed Bath & Beyond Files for Bankruptcy With Plan to Shut Stores
Bed Bath & Beyond Inc. filed for Chapter 11 bankruptcy in New Jersey with plans to shut down, putting thousands of jobs on the line.
Facing bankruptcy, Bed Bath & Beyond tries to raise more cash
Bed Bath & Beyond is proposing a new $300 million stock offering as the retailer continues to stare down possible bankruptcy after terminating its fundraising agreement with HB Capital Management.
Bed Bath & Beyond Stock Hit a New Low. Bankruptcy Could Still Happen.
As Bed Bath & Beyond ‘s stock price plummets to historic lows, the retailer finds itself yet again on the brink of bankruptcy—a place that has become altogether too familiar for the company.
Silicon Valley Bank fallout may not hurt consumer-facing companies immediately, but is likely to have longer-term consequences, industry sources tell Richard.
Bed Bath & Beyond's alienation of vendors played key role
One of Bed Bath & Beyond's worst mistakes in attempting a turnaround was disenfranchising its vendors, says James Gellert, the CEO of retail credit rating agency RapidRatings.