Bed Bath & Beyond On The Brink Of Bankruptcy
View Source | January 6, 2023 10:33 pm
- Bed Bath & Beyond, one of the retail fixtures on the American landscape for years, has seen its share prices plummet this week after the company revealed it has “substantial doubt” that it will be able to continue.
- Shares of Bed Bath & Beyond dropped drastically on Thursday after the company warned it is considering bankruptcy.
- In a statement, amid mounting debt and waning finances, the company said it had likely reached the end of the road.
- Bed Bath & Beyond said that it is looking into “all strategic alternatives” to avoid going into bankruptcy.
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