Bed Bath & Beyond could file for bankruptcy this week [Yahoo! Finance News]
Bed Bath & Beyond Inc. (BBBY)
Last bed bath & beyond inc. earnings: 4/15 04:15 pm
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Source: Yahoo! Finance News
Bed Bath & Beyondbankruptcy protectiontold Reuters on TuesdayAnother person familiar with the situation said the timing of any bankruptcy filing was in flux Monday evening as the retailer's advisers met to explore any remaining options to avoid liquidation, according to the report.BED BATH & BEYOND CAN'T PAY CREDITORS, BANKRUPTCY LOOMSBed Bath & Beyond store, Jan. 8, 2023, Cherry Hill, N.J.Bed Bath & Beyond is currently negotiating a loan to help navigate bankruptcy proceedings, with the investment firm Sixth Street in talks to provide funding, two of the people said. The firm loaned Bed Bath & Beyond $375 million last year but declined to comment on the current matter.In addition to 150 closures announced in 2022, the erstwhile retail giant is now saying it will close 87 additional Bed Bath & Beyond stores and five buybuy BABY stores. The company is also shutting down its health and beauty discount chain Harmon.BED BATH & BEYOND SALES SINK, WILL CLOSE 150 STORESbuybuy Baby store with
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