Yikes! Bed Bath & Beyond Says It Will Likely File For Bankruptcy If It Can’t Sell $300 Million In Stock
November 12h, 2023 / Chad "Jeepy" Teek
Hey, Bed Bath & Beyond fans! We’ve got some shocking news for you! The beloved home goods store has announced that they may have to file for bankruptcy if they can’t sell $300 million in stock. Say what?!
We know, we know. It’s a tough pill to swallow. But don’t worry, we’re here to give you the lowdown on what’s happening and what it means for you and your obsession with those cute throw pillows.
First things first, why is this happening? Well, like many businesses, Bed Bath & Beyond has been hit hard by the pandemic. With stores forced to close temporarily and consumers tightening their purse strings, the company has been struggling to stay afloat.
But don’t panic just yet! The good news is that if Bed Bath & Beyond is able to sell that $300 million in stock, they’ll be able to pay off their debt and get back on track. Phew!
So, what can you do to help? Spread the word! Let all your friends and family know about the situation and encourage them to shop at Bed Bath & Beyond (safely, of course) and support this iconic brand. And hey, while you’re at it, maybe treat yourself to a new bath mat or a fancy candle. Every little bit helps, right?
We’re rooting for you, Bed Bath & Beyond! You’ve been there for us through college dorms, first apartments, and everything in between. We’ll do our part to keep you around for many more home decor hauls to come!