Bed Bath & Beyond is winding down its business after announcing Sunday that it has filed for Chapter 11 bankruptcy protection, while leaving the door open for a limited sale of its assets.
Bed Bath & Beyond Inc. has hired a veteran retail and real estate executive to spearhead a newly announced plan to streamline its portfolio of stores, logistics centers and office space.
Bed Bath & Beyond Inc. has completed a $250 million sale-leaseback agreement spanning more than 2 million square feet of commercial space, in a step aimed at stabilizing the finances of the Union-based retailer.