Will Bed Bath & Beyond file for bankruptcy?

Here's what customers and employees should know. A Bed Bath & Beyond store. Bed Bath & Beyond may file for bankruptcy, according to a company SEC filing Thursday. The company said there is "serious doubt" it can continue on as it has suffered declines in sales. Bed Bath & Beyond reported an expected loss of $385.8 million the previous quarter.

Is Bed Bath & Beyond going out of business?

The company has laid out a timetable for its going-out-of-business sales, product return dates and what happens to its gift registries. Bed Bath & Beyond filed for Chapter 11 bankruptcy Sunday, with plans to wind down its entire business. The beleaguered company has laid out what the action means for its customers in an online FAQ page.

Does Bed Bath & Beyond have debtor-in-possession financing?

The company said that it has received a commitment of approximately $240 million US in debtor-in-possession financing from Sixth Street Specialty Lending Inc, according to a statement. Nearly empty shelves are seen at a Bed Bath & Beyond store in Naples, Fla., on April 10. (Anne D'Innocenzio/The Associated Press)

Does Bed Bath & Beyond offer discounts?

According to the brand, the new Bed Bath & Beyond will continue to offer the kitchen, bed and bath products that it has become known for, along with an increased assortment of bigger home items, such as furniture, rugs and more. To celebrate the launch, Bed Bath & Beyond is offering several discounts.