Watch Bed Bath Beyond Files Chapter 11 Bankruptcy ођ April 23rd, 2023, 7:15 pm pdt. bed bath & beyond has filed for chapter 11 bankruptcy, clearing the way for it to shut down hundreds of stores and lay off thousands of staff. su keenan reports on. Bed bath & beyond inc. filed for chapter 11 bankruptcy in new jersey with plans to shut down, putting thousands of jobs on the line. the us housewares retailer will use the court process to begin liquidating its 360 bed bath & beyond stores and 120 buy buy baby shops, while also searching for a buyer for some or all of its assets, according to a statement.
Bed Bath Beyond Files For Chapter 11 Bankruptcy Youtube Bed bath & beyond inc. filed for chapter 11 bankruptcy in new jersey with plans to shut down, putting thousands of jobs on the line. the us housewares retailer will use the court process to begin. Case background. on april 23, 2023, bed bath & beyond inc. and 73 affiliated debtors (collectively, the "debtors") each filed a voluntary petition for relief under chapter 11 of the united states bankruptcy code in the united states bankruptcy court for the district of new jersey. The union, new jersey based company filed for chapter 11 bankruptcy on sunday, a move that came months after saying it was weighing options to restructure debt, with “substantial doubt” about. Bed bath & beyond filed on sunday for chapter 11 bankruptcy. the company's 360 stores along with its 120 buybuy baby stores are expected to remain open as the retailer begins its bankruptcy.
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