Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Bed Bath & Beyond files for bankruptcy protection after long struggle
Reuters via NY Post ^ | 4-23-23 | Reuters

Posted on 04/23/2023 7:08:01 AM PDT by dynachrome

Bed Bath & Beyond Inc filed for Chapter 11 bankruptcy protection on Sunday after the home goods retailer failed to secure funds to stay afloat.

The Union, New Jersey-based home goods retailer filed for bankruptcy in a District of New Jersey court, listing both its estimated assets and liabilities in the range of $1 billion and $10 billion, according to a court filing.

Bed Bath & Beyond said that it has received a commitment of approximately $240 million in debtor-in-possession financing from Sixth Street Specialty Lending Inc, according to a separate statement.

The company added that its 360 Bed Bath & Beyond and 120 buybuy BABY stores and websites will remain open and continue serving customers as it begins efforts to effect the closure of its retail locations.

(Excerpt) Read more at nypost.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: bankrupt; bedbathbeyond; chapter11; fauci; faucilockdowns; frpillowbiters; mikelindell; mypillow; notcuzofstupidpillo
Navigation: use the links below to view more comments.
first previous 1-2021-4041-57 next last
To: dynachrome

Idiots should have stayed out of politics and just sold sheets.


21 posted on 04/23/2023 7:55:13 AM PDT by yldstrk (Bingo! We have a winner!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: dynachrome

Zero sympathy for the company go woke go broke but honestly they were pure crap long before the my pillow fiasco


22 posted on 04/23/2023 8:02:11 AM PDT by Sarah Barracuda
[ Post Reply | Private Reply | To 1 | View Replies]

To: Flavious_Maximus

I don’t use apple services or Nike products…..there needs to be an alternative to Google


23 posted on 04/23/2023 8:11:24 AM PDT by SPRINK
[ Post Reply | Private Reply | To 12 | View Replies]

To: MeganC

Replacing them with nonwoke brands will not be easy. They apparently own a lot of common brands and have a ton of market share. Yengleng has been touted as a good replacement. It would be nice to have a larger selection.


24 posted on 04/23/2023 8:22:23 AM PDT by MachIV
[ Post Reply | Private Reply | To 10 | View Replies]

To: desertsolitaire

“Rednecks White Socks and Blue Ribbon Beer” by Johnny Russell.


25 posted on 04/23/2023 8:24:09 AM PDT by MachIV
[ Post Reply | Private Reply | To 16 | View Replies]

To: dynachrome

Couldn’t happen to a more deserving group of people.


26 posted on 04/23/2023 8:30:18 AM PDT by upchuck (When you never took the vaccine or boosters: Still alive and healthy with no chance of side effects.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: ProtectOurFreedom

My SIL went to the one local Bed,Bath, and Beyond last week. You are correct. The doors were open but there was nothing on the shelves.


27 posted on 04/23/2023 8:33:15 AM PDT by mware ( )
[ Post Reply | Private Reply | To 2 | View Replies]

To: MeganC

https://en.wikipedia.org/wiki/AB_InBev_brands


28 posted on 04/23/2023 8:34:59 AM PDT by Brian Griffin
[ Post Reply | Private Reply | To 10 | View Replies]

To: mware

My observation was from January. The shelves were half full back then.


29 posted on 04/23/2023 8:35:21 AM PDT by ProtectOurFreedom (I don’t like to think before I say something...I want to be just as surprised as everyone else)
[ Post Reply | Private Reply | To 27 | View Replies]

To: mware

Vendors don’t like supplying stores that refuse to pay them—surprise, surprise, surprise.


30 posted on 04/23/2023 8:39:07 AM PDT by cgbg (Claiming that laws and regs that limit “hate speech” stop freedom of speech is “hate speech”.)
[ Post Reply | Private Reply | To 27 | View Replies]

To: dynachrome

Go woke, go broke.


31 posted on 04/23/2023 8:43:04 AM PDT by ConservativeInPA ("How did you go bankrupt?" Bill asked. "Two ways," Mike said. "Gradually and then suddenly." )
[ Post Reply | Private Reply | To 1 | View Replies]

To: MeganC
Budweiser and all of the products made by AB InBev are dead to me. At this point I won’t drink their beer for free.

And yet you support Jens Stoltenberg and NATO's gay agenda...go figure.


32 posted on 04/23/2023 8:43:37 AM PDT by mac_truck (aide toi et dieu t'aidera)
[ Post Reply | Private Reply | To 10 | View Replies]

To: dynachrome

I liked BB&B in their best days.

They got undercut by many others, and particularly two types - stores whose store experience was of lesser quality run on buying in massive quantities in order to have price cuts below what BB&B could offer on some goods, and by discount general retailers, like Target for instance, whose revenues, profit margins and profits did not rely only on “housewares” like offered by BB&B.

But that last part was one thing I liked about BB&B. If it was housewares type item(s) I was looking for I did not have to run around a much larger store to get go what I wanted.

I currently have an unused Welcome Rewards pass for 20% off of an entire purchase. Considering a couple major items I might use it for, with a BB&B store credit card.


33 posted on 04/23/2023 8:51:40 AM PDT by Wuli
[ Post Reply | Private Reply | To 1 | View Replies]

To: dynachrome

Bed Bath & Beyond saving.


34 posted on 04/23/2023 8:55:09 AM PDT by Jeff Chandler (THE ISSUE IS NEVER THE ISSUE. THE REVOLUTION IS THE ISSUE.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: MeganC

They were well on the way to broke before Mike Lindell made a single pillow. Just a poorly run company with too much over priced stock.


35 posted on 04/23/2023 8:56:45 AM PDT by discostu (like a dog being shown a card trick)
[ Post Reply | Private Reply | To 3 | View Replies]

To: ronniesgal

....”it was a lousy store before ML”.....

I agree. Went there once and noted they were high priced for the quality they presented. DIdn’t carry anything which couldn’t be purchased elsewhere.


36 posted on 04/23/2023 9:16:03 AM PDT by caww (O death, when you seized my Lord, you lost your grip on me......)
[ Post Reply | Private Reply | To 15 | View Replies]

To: caww

our local store always looked like bins of linens exploded out into the aisles.
the prices were outrageous, not a soul able to help on the floor.


37 posted on 04/23/2023 9:23:24 AM PDT by ronniesgal (friends don't let friends be Kardashians)
[ Post Reply | Private Reply | To 36 | View Replies]

To: caww

killed by amazon imo.

Go there to see what you want, then go buy it on amazon for cheaper.


38 posted on 04/23/2023 9:24:14 AM PDT by imabadboy99
[ Post Reply | Private Reply | To 36 | View Replies]

To: dynachrome

Went BadAss on MY PILLOW.....BYE BYE BB&B!


39 posted on 04/23/2023 9:27:40 AM PDT by Ann Archy (Abortion....... The HUMAN Sacrifice to the god of Convenience.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Seeing More Clearly Now

If you get a real person they’re not in the USA.


40 posted on 04/23/2023 9:34:00 AM PDT by the_daug ( )
[ Post Reply | Private Reply | To 14 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-57 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson