Topline
Bed Bath & Beyond is reportedly preparing to file for bankruptcy in the coming weeks as the struggling brick-and-mortar retailer faces persistent economic challenges plaguing efforts to turn around its business—further piling on to abysmal losses for a stock that more than tripled amid retail-trading mayhem during the pandemic.
Key Facts
Bed Bath & Beyond is in the early stages of readying a chapter 11 bankruptcy filing that could come within weeks, the Wall Street Journal reported Thursday afternoon, citing people with knowledge of the matter and noting the bankruptcy filing is not a certainty.
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