Forbes just put out an article we already saw coming. BBBY is over 90 days past due to most major vendors. The credit companies have revoked almost all credit insurance associated with Bbby. Put a fork in us we are done
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Vendors have now halted shipments to BBB and firms that provide credit insurance have revoked coverage to BBB. What other signs do people that work here need that it's over and they need to get out?
https://fortune.com/2022/08/19/bed-bath-beyond-suppliers-halt-shipments-unpaid-bills/
Don’t worry, it is still possible that another line of credit be extended to the company. If so, the business model run by obviously incompetent leadership (VPs - Board) will be able to continue to earn $1 day while incurring expenses of $1.50 day #pathetically out of touch with reality
It’s definitely over biathes
It's over. Sad to say but people need to face fact.