Bed Bath & Beyond files for Chapter 11 bankruptcy

Bed Bath & Beyond filed for Chapter 11 bankruptcy on Sunday.

bed bath & Beyond filed for Chapter 11 bankruptcy on Sunday.

The company’s 360 stores — along with its 120 Buybuy BABY stores — are expected to remain open as the retailer begins its bankruptcy restructuring, according to a statement released Sunday. Online sales will also continue.

FILE PHOTO: A shopping cart is seen at a Bed Bath & Beyond store in Manhattan, New York City, the United States, on June 29, 2022.

A shopping cart is seen at a Bed Bath & Beyond store in Manhattan, New York City, the United States, 29 June 2022.

Andrew Kelly/Reuters

Sue Gove, President & CEO, said the company will “work diligently to maximize value for the benefit of all stakeholders.”

“We deeply value our employees, customers, partners and the communities we serve, and are committed to serving them throughout this process,” said Gove.

This is an evolving story. Please check again for updates.

Alley Einstein

Alley Einstein is a USTimesPost U.S. News Reporter based in London. His focus is on U.S. politics and the environment. He has covered climate change extensively, as well as healthcare and crime. Alley Einstein joined USTimesPost in 2023 from the Daily Express and previously worked for Chemist and Druggist and the Jewish Chronicle. He is a graduate of Cambridge University. Languages: English. You can get in touch with me by emailing Alley@ustimespost.com.

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