Bed Bath & Beyond Files for Bankruptcy Protection and Asset Sale After Multiple Self-Rescue Efforts Fail

4月 30, 2023

On April 23rd, home goods retailer Bed Bath & Beyond filed for Chapter 11 bankruptcy protection in a New Jersey court and requested approval to sell the assets of its Bed Bath & Beyond and buybuy Baby brands. Retail transformation expert and managing director of consulting group AlixPartners, Holly Etlin, was appointed as the company’s Chief Financial Officer and Chief Restructuring Officer.
The company stated through its website that its 360 namesake stores and 120 buybuy Baby chain stores will temporarily remain open until the asset liquidation stage. However, all stor …