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mahatmakanejeeves

(60,941 posts)
Thu Feb 2, 2023, 12:36 PM Feb 2023

Bed Bath & Beyond Store Closings: Here's the full list

Bed Bath & Beyond has released a 2023 list of store closings as the company prepares to file for bankruptcy protection as soon as this week.

fox5dc.com
Bed Bath & Beyond Store Closings: Here’s the full list
Bed Bath & Beyond has released a 2023 list of store closings as the company prepares to file for bankruptcy protection as soon as this



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Bed Bath & Beyond Store Closings: Here's the full list (Original Post) mahatmakanejeeves Feb 2023 OP
Store closings bucolic_frolic Feb 2023 #1
Well, I am very sad to see this. I have been a regular customer and have depended on BB&B hlthe2b Feb 2023 #2

bucolic_frolic

(46,983 posts)
1. Store closings
Thu Feb 2, 2023, 12:43 PM
Feb 2023

are usually run by closeout artists, who actually buy the inventory and run the sales in the same location. Usually all the original employees are gone by that time. Don't know if this is being done any differently, but it is unusual for closings to happen pre-bankruptcy. Says to me they're desperate for cash and have sold what is not working out well for them to get money. You have more options in bankruptcy if you have as much cash as possible. It is usual now for shareholders to lose all their equity in bankruptcy. They cancel the old stock and issue new stock if the firm "emerges" from bankruptcy.

hlthe2b

(106,342 posts)
2. Well, I am very sad to see this. I have been a regular customer and have depended on BB&B
Thu Feb 2, 2023, 12:44 PM
Feb 2023

for years for all kinds of things. When they started carrying a fair amount of general pharmacy/toiletry type things I shopped there even more. I think all those coupons didn't help them out too much. But COVID was really hell on them.

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