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Bed Bath & Beyond is preparing to file for bankruptcy within weeks

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    Aktualisiert am 5. Januar 2023, 16:03 Uhr ET

Bed Bath & Beyond Inc. is preparing to file for bankruptcy within weeks after the homewares retailer suffered slumped sales during the critical holiday season, according to people familiar with the matter.
The retailer is in the early stages of planning a Chapter 11 bankruptcy filing, and talks could stretch into February, those people said. Bed Bath & Beyond warned Thursday that it could file for bankruptcy protection and that it has serious doubts about staying in business after another quarter of deep losses and slumping sales.

Source: Wall Street Journal

Source: Crypto News Deutsch

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