Bed Bath & Beyond

19 Stories

Goodbye, Overstock. Hello (Again), Bed Bath & Beyond

Overstock has already rebranded itself

(Newser) - Overstock has officially relaunched the Bed Bath & Beyond domain online Tuesday in the US, after acquiring the bankrupt retail chain's intellectual property assets for $21.5 million in June, the AP reports. The online retailer Overstock.com said in late June that it was dumping its name online...

Bed Bath & Beyond's Owner Decides to Take Its Name

Overstock.com will disappear in takeover

(Newser) - Bed Bath & Beyond will live on, online at least, after Overstock.com acquired the bankrupt retail chain's intellectual property assets for $21.5 million. The online retailer Overstock.com is dumping its name online and will become Bed Bath & Beyond, which declared bankruptcy earlier this year. Overstock....

Your Bed Bath & Beyond Coupons Are Done Tuesday

On Wednesday, the liquidation sales begin

(Newser) - Bed Bath & Beyond has filed for bankruptcy , which means that the chain's ubiquitous 20% off coupons will soon be useless. But, as Business Insider reports, you do have until the end of Tuesday before stores stop accepting them. Starting Wednesday, stores (including the chain's BuyBuy Baby stores)...

Bed Bath & Beyond Files for Bankruptcy

Retail giant seeks Chapter 11 protection after turnaround fails

(Newser) - After warning of possible bankruptcy in January, home goods retail giant Bed Bath & Beyond has filed for Chapter 11 protection, reports NPR . This follows steady declines in both customers and profits. Despite taking numerous measures such as closing stores, cutting jobs, and securing bank and investor loans to keep...

Bed Bath & Beyond Workers Report New 'Punch in the Gut'

First stores closed; now employees say they're being denied severance they thought they'd get

(Newser) - Back in mid-March, a report emerged that Bed Bath & Beyond—which is closing most of its stores and trying to avoid filing for bankruptcy protection —wasn't planning on paying out severance to laid-off workers, even though it had done so during past layoffs. The news came via...

Bed Bath & Beyond Gets Help Restocking Its Shelves

ReStore Capital commits $120M to buy merchandise from suppliers

(Newser) - The struggling Bed Bath & Beyond retail chain is raising money the old-fashioned way: by selling merchandise. The company had already announced a stock offering it hoped would bring in $300 million to help it avoid filing for bankruptcy protection. On Wednesday, the company announced a deal with ReStore Capital,...

Bed Bath & Beyond Sees One Way to Avoid Bankruptcy

Company plans a stock offering that would have to do better than the last one

(Newser) - To pay its debts and stay in business, Bed Bath & Beyond said Thursday it's planning a stock offering to raise $300 million. If the sale falls short of that amount, the company said it probably will file for bankruptcy protection, CNN reports. The share price has been dropping...

Bed Bath & Beyond to Shut More Stores

Company says it's lined up $1B to head off bankruptcy filing

(Newser) - Despite raising more than $1 billion to head off bankruptcy, Bed Bath & Beyond says it's going to close another 150 stores. Both developments were reported Monday in a regulatory filing, NBC News reports, as the company attempts to reorganize its finances. It already had announced that 200 stores...

Bed Bath & Beyond's Troubles Just Got Worse

Home goods company is in default on its loans, may have to go the bankruptcy route

(Newser) - Bed Bath & Beyond said Thursday that it's in default on its loans and doesn't have sufficient funds to repay what it owes. The home goods chain said in a Securities and Exchange Commission filing that the default would force it to consider alternatives, including restructuring its debt...

Bed Bath & Beyond Is Floundering
Things Are Looking Grim
for Bed Bath & Beyond
the rundown
Jan 11, 2023 8:11 AM CST

Things Are Looking Grim for Bed Bath & Beyond

Net sales were down 33% for the quarter, the company announced Tuesday

(Newser) - On Tuesday, Bed Bath & Beyond released results that confirmed what it had warned of the week prior, and what it had warned wasn't good. The retailer last week cautioned that it may need to file for bankruptcy protection, and on Tuesday it announced that net sales were down...

Report: Before Suicide, CFO Was Working 18-Hour Days

Other Bed Bath & Beyond execs were worried about Gustavo Arnal, insiders say

(Newser) - The death of Bed Bath & Beyond chief financial office Gustavo Arnal has been ruled a suicide, and insiders say board members were worried that he was becoming overwhelmed—but they didn't want to replace him while the struggling chain was working on restructuring plans. Sources tell the Wall ...

Bed Bath & Beyond's CFO Dies in Fall From Skyscraper

Gustavo Arnal had detailed troubled company's cutbacks Wednesday to investors

(Newser) - The chief financial officer of the embattled retail chain Bed Bath & Beyond died Friday in what New York City police said seems to have been a suicide. The body of Gustavo Arnal, 52, was found near the skyscraper where he lived, the New York Times reports, and police said...

2 Struggling Businesses Announce Major Layoffs

Bed Bath & Beyond is closing 150 stores, while Snap is discontinuing several apps

(Newser) - Two struggling companies announced major job cuts and other restructuring moves Wednesday—and their stock prices moved in opposite directions.
  • Bed Bath & Beyond. The retailer, known for its 20% off coupons, said it would cut its corporate and supply chain workforce by 20%, and its stock plunged 20% in
...

20-Year-Old Makes $110M on Bed Bath & Beyond Stock
20-Year-Old Makes $110M
on Bed Bath & Beyond Stock
in case you missed it
Aug 21, 2022 4:45 PM CDT

20-Year-Old Makes $110M on Bed Bath & Beyond Stock

Jake Freeman is a student at USC

(Newser) - A 20-year-old USC student did a little stock trading over the summer—and banked about $110 million for his trouble. Filings with the Securities and Exchange Commission reveal that Jake Freeman made the mind-boggling profit solely from his purchase and subsequent sale of Bed Bath & Beyond stock, reports MarketWatch...

This Coupon King Plans to Change Its Ways

Bed Bath & Beyond to ease up on the coupons

(Newser) - Name the company most likely to have uttered this line: "We have an overreliance on the coupon." If you guessed Bed Bath & Beyond thanks to the frequency at which its blue mailers end up at your home, you'd be correct. In a Wednesday investors meetings, Chief...

Bad News for Bed Bath & Beyond
Bad News for
Bed Bath & Beyond 
Apr 14, 2019 5:41 AM CDT

Bad News for Bed Bath & Beyond

Company will close 40 stores, but also open 15 'next-generation lab stores'

(Newser) - Bed Bath & Beyond is looking to shut 40 of its 1,024 stores amid slumping sales in an attempt to revitalize its struggling brand that includes opening 15 new "next-generation lab stores" that place what its CEO calls "a greater emphasis on home decor, food and beverage,...

We Might Be Saying Goodbye to Bed Bath & Beyond Coupons
We Might Be Saying Goodbye
to Bed Bath & Beyond Coupons
IN CASE YOU MISSED IT
Oct 9, 2016 2:56 PM CDT

We Might Be Saying Goodbye to Bed Bath & Beyond Coupons

Company is testing a subscription service instead

(Newser) - If you're like a lot of Americans, you probably have a pile of 20% off Bed Bath & Beyond coupons sitting on your entryway table, and you're likely also aware that, despite having an expiration date printed on them, they actually never expire and you can usually use...

American Airlines Will Charge $8 for a Blanket

Passengers must pony up to bundle up on long domestic flights

(Newser) - Bundle up, air travelers: Blankets cost extra now, too. American Airlines will begin charging coach passengers $8 for a blanket on long domestic flights and some international routes. On flights of 2 hours or less, no blankets will be available, no matter how much money you throw around. On the...

Companies Use Recession to Stomp Hurting Competition

(Newser) - When the recession hit, Bed Bath & Beyond saw an opportunity. Chief competitor Linens ‘n Things was laden with debt, so Bed Bath & Beyond “decided to destroy them,” says one analyst. It matched every Linens’ discount, issued a barrage of coupons in Linens’ key markets, and,...

19 Stories