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![]() The retail chain this week said it plans to close an additional 150 stores and raise more than 1 billion in funding through a public stock offering. More details are expected in the coming days, it said. Bed Bath & Beyond is takings steps to avoid bankruptcy, but some worry its too little, too late. As of May 28, 2022, the company reported it had a total of 955 stores in operation, meaning the most recent spate of closures accounts for roughly 16 percent of its total store count. FILE Bed-Bath-&-Beyond-Strategic-Update,Shoppers enter and exit a Bed Bath & Beyond in Schaumburg, Ill., Jan. The company says it expects to partner with an alternative platform where registry information will be transferred. 31 press release, the retailer announced plans to close 150 'lower-producing Bed Bath & Beyond banner stores'and closures are already in motion. What to know if you're registered with Bed Bath & Beyond or buybuy BABY Any items purchased on Wednesday - the start of its closing sales - or after will be final. How about product returns?Īny items purchased before Wednesday can be returned or exchanged until May 24. "We encourage you to come shop for your favorite products while merchandise selection is best," the company said. ![]() ![]() The company’s remaining 360 Bed Bath & Beyond and 120 buybuy BABY stores and websites will remain open and continue serving customers as the company winds down its business and seeks a buyer for its remaining assets. Will Bed Bath & Beyond stores and its website remain open? The beleaguered company has laid out what the action means for its customers in an online FAQ page. Bed Bath & Beyond filed for Chapter 11 bankruptcy Sunday, with plans to wind down its entire business. The list of 43 stores expected to close includes the Mercer Mall Bed Bath and Beyond in Lawrenceville, New Jersey and the one on Baltimore Pike in Springfield, Pennsylvania, USA Today reports.
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