The stores are open “as we begin our wind down process,” Bed Bath & Beyond said on its website. The company’s 360 Bed Bath & Beyond locations, along with 120 Buy Buy Baby stores, will stay open for the time being, “as the Company begins its efforts to effectuate the closure of its retail locations.” The following is what it all means for Bed Bath & Beyond shoppers hoping for deals. While bankruptcy attorneys, creditors and potential buyers scrutinize Bed Bath & Beyond’s financials, bargain-hunting customers are poring over the specifics on coupons, gift cards and store closing sales. That’s drastically down from the 32,000 as of February 2022.“We thank our loyal customers for bringing us into their lives and encourage them to visit us in-store and online to shop our closing sales,” Bed Bath & Beyond said in a statement. The company employed 14,000 workers, according to the court filing. The store closings will put thousands of jobs at risk. Meanwhile, online players like Wayfair have lured customers with affordable and trendy furniture and home décor. It was among the first to introduce shoppers to many of today’s household items like the air fryer or single-serve coffee maker, and its 15% to 20% coupons were ubiquitous.īut for the last decade or so, Bed Bath & Beyond struggled with weak sales, largely because of its messy assortments and lagging online strategy that made it hard to compete with the likes of Target and Walmart, both of which have spruced up their home departments with higher quality sheets and beddings. Purchases made at store closing sales will be final.įounded in 1971, Bed Bath & Beyond had for years enjoyed its status as a big box retailer that offered a vast selection of sheets, towels and gadgets unmatched by department store rivals. Meanwhile, Bed Bath & Beyond says all purchases made before April 26 will be given standard 30-day return windows, which will end May 24. We will provide details in the coming days.” “We expect to partner with an alternative platform where you will be able to transfer your data and complete your registry. “Your registry data is safe and you can still view your registry at this time,” Bed Bath & Beyond said in a news release. If you’re considering online shopping, Bed Bath & Beyond says all online orders of in-stock items that have yet to be received are expected to be fulfilled. If you have a gift registry with Bed Bath & Beyond or Buy Buy Baby, don’t panic, the company says. You can also still use both the Bed Bath & Beyond and Buy Buy Baby apps for now. Bed Bath & Beyond didn’t say when that might change. Shoppers with Welcome Rewards+ store credit cards are still able to use them at this time. Have credit from a previous return? Merchandise credits can be redeemed until May 15, which is also the cutoff date for Welcome Rewards. District Court in New Jersey, listing its estimated assets and liabilities in the range of $1 billion and $10 billion. The beleaguered home goods chain made the filing Sunday, April 23 in U.S. Bed Bath & Beyond has filed for bankruptcy protection, but the company says its stores and websites will remain open and continue serving customers. Nearly empty shelves are seen at a Bed Bath & Beyond store, Apin Naples, Fla.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |