Per the WSJ, bankruptcy likely within days.
11 replies (most recent on top)
https://www.cnbc.com/amp/2023/04/23/bed-bath-beyond-files-for-bankruptcy-protection.html
@hxq+1mef0LqB I would agreed , expect total liquidation not reorg .
It's been imminent since before the deal with Hudson Bay.
@OP, I think the word you're looking for is "imminent".
Finally an end to the misery
I'd say CH7 is more likely than reorganization, where will the money come from to pull off a reorg? They are still trying to fund themselves if they can go the CH11 route which I find laughable. Also if they actually did the right thing and filed CH11 back in October or November they may have actually pulled off a turn around by now. However that is water under the bridge and as been said on here many times I don't see any BBB or Baby stores still open by Fall of this year.
Duplicate post - there is nothing that doesn't already appear in a previous post from yesterday, only the same story that was copied from another outlet. We already knew everything before this post appeared.
Saw the Journal article, I'd say they're very near a reorganizing at best, total liquidation still a strong possibility.
Actually, this is news, just published late today, so it does contribute info, so please read the actual story from the their site. Maybe it's you who have contributed nothing. LOL LMAO
Read the story and find out that bankruptcy could be, not weeks away, more likely a few days away.
Because this topic was already posted yesterday, this particular post contributes nothing.
No wonder shorties are preparing for a journey to the center of the earth. That said, if it is not 11, could be good for workers left. Could care lessabout meme sc-m.