Is Bed Bath Beyond going bankrupt?

The financial and operational situation at Bed Bath & Beyond Inc. ( NASDAQ: BBBY) is deteriorating quickly. Like a handful of other large, battered retailers, if it cannot sharply reverse course, it could be headed toward bankruptcy. The retailer’s stock is down 61% in the past two years to $11.15 a share.

Is Bed Bath and beyond closing stores?

Bed Bath & Beyond is permanently closing more stores. Another 37 stores located in 19 states will shutter, most by the end of February, Bed Bath & Beyond told USA TODAY. The locations are currently going through store closing liquidation sales.

Is Bed Bath and Beyond store closing?

Bed Bath & Beyond is in the process of liquidating dozens of stores, as part of its previously announced plans to close roughly 200 locations by 2022. In July, the company laid out a store closure road map, in a bid to trim its sprawling real estate portfolio and focus on remodeling its more profitable shops and investing in digital.

What stores is Bed Bath Beyond closing?

YUMA, Ariz. (KYMA, KECY) - Bed, Bath & Beyond in Yuma will be closing its doors soon and local customers will eventually have to look elsewhere for their home items. The Yuma location, along with 36 other stores across the country, will shut their doors permanently by the end of February.