Find in the news:

Bed, Bath & Beyond files for bankruptcy protection and announces closure of 480 stores

The company has received a commitment of $240 million in debtor-in-possession financing.


Bed, Bath & Beyond, one of America's largest home goods retailers, has filed for bankruptcy. 360 Bed, Bath & Beyond stores and 120 Buybuy Baby stores of the same name will permanently close after a sale of the retailer's inventory is completed.

"Bed Bath & Beyond Inc. today announced that it and certain of its subsidiaries filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the District of New Jersey to implement an orderly wind down of its businesses while conducting a limited marketing process to solicit interest in one or more sales of some or all of its assets." the company said. 

To facilitate this process, the Company has received a commitment of approximately $240 million in debtor-in-possession financing from Sixth Street Specialty Lending, Inc. Following court approval, the Company expects this financing to provide the necessary liquidity to support operations during the Chapter 11 process.

Bed, Bath & Beyond and Buybuy Baby stores are scheduled for auction. The bankruptcy filing allows Bed Bath & Beyond to hold sales and seek buyers for its remaining assets. At the end of 2022, the retailer's assets were valued at about $4.4 billion and its debts at $5.2 billion.

Bed Bath & Beyond was founded in 1971 and got its original name in 1987. The company remained profitable from 1992 when the retailer went public until 2019. The retailer's sales began to decline in 2019 amid an exodus of shoppers online. In January 2023, the company warned that it was at risk of bankruptcy amid a severe drop in sales. 

For decades, Bed Bath & Beyond set the standard across the home goods sector and held its position through many different economic cycles and alongside a continuously evolving customer. In late 2022, the Company initiated a significant turnaround plan to reset foundational elements of its operational and financial positioning. 

The statement also notes that the company strategically manages inventory to preserve value: In the event of a successful sale, the Company will forego the store closings necessary to complete the transaction. The Company believes that this dual-route will maximize value." 

Bed Bath & Beyond is a chain of retail stores specializing in selling various home goods, such as bedding, bath towels, kitchen appliances, home decor, and much more. In recent years, Bed Bath & Beyond has expanded its offerings to include a wider variety of products, including baby gear, outdoor furniture, and pet supplies. They have also launched several house brands, such as Harmon Face Values, Cost Plus World Market, and buybuy BABY.

More about shopping malls in the USA

Located in the SKP shopping centre in Beijing’s Central Business District.
The brand is set to open a flagship store in the Parisian district of Le Marais.
May 24, 2024, USA:
Stüssy is preparing to launch the new archive store in Brooklyn, New York, for one month.
May 23, 2024:
Located on Broadwick Street in Soho, London.
May 22, 2024, USA:
Luxury fashion house Balenciaga inaugurated its first standalone store in Chicago, Illinois.
May 21, 2024, France:
Some fashion brands are opting to hold their showroom presentations in Milan this season due to logistical challenges posed by the Olympics.
and Follow
Westfield Garden State Plaza GLA:2 118 718 SF
ADDRESS: 1 Garden State Plaza, Paramus, NJ 07652
Greenwood Park Mall GLA:1 164 000 SF
ADDRESS: 1251 US Highway 31 N, Greenwood, IN 46142-4514
USA . Greenwood
Greenwood Park Mall
Hillcrest GLA:585 758 SF
ADDRESS: 9350 Yonge St, Richmond Hill, ON L4C 5G2
Canada . Richmond
Designer Outlet Provence GLA:269 098 SF
ADDRESS: Mas de la Peronne, Miramas, France
France . Miramas
Designer Outlet Provence

Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by administrator.


Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by administrator.

Sign in
Sign in please, if you already have an account


Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please. Team
Thank you for message!
In the near future you will be contacted the manager
for further details. Team
Good mall, bro!
In the near future you will be contacted the manager
for further details. Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details. Team

Write to us