After months of upheaval, Bed Bath & Beyond Inc. has filed for bankruptcy. The decision is a low point for a home goods retailer that has been around for more than half a century — and one that will mean vacancies in some prominent local retail centers. The New Jersey-based chain filed April 23 for Chapter 11 bankruptcy, after a failed turnaround plan left it short on cash and struggling to keep its shelves stocked, the Wall Street Journal reported. All 360 Bed Bath & Beyond stores and 120 locations of Buybuy Baby are expected to close.
Bed Bath & Beyond bankruptcy leaves more vacant retail space in Greater Baltimore
April 24, 2023