Stay updated with breaking news from Mark Tritton. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
(Reuters) - Bed Bath & Beyond Inc filed for Chapter 11 bankruptcy protection on Sunday after the home goods retailer failed to secure funds to stay af...
Bed Bath & Beyond has filed for bankruptcy protection after the company based in Union, New Jersey, failed to secure funds to stay afloat.
The company said that it would seek to sell all or some of its business, and that store closing sales would begin on Wednesday.
Bed Bath & Beyond filed for Chapter 11 bankruptcy protection Sunday and said it would start to liquidate, adding that it will reverse course if it finds a last-minute buyer.
Bed Bath & Beyond has filed for bankruptcy protection. Its stores and websites will remain open and continue serving customers.