Bed Bath and Beyond stumbles towards bankruptcy

Heading downwards: A woman walks into a Bed Bath and Beyond store in Oceanside, New York. The American home goods chain, which says it doesn’t have the funds to pay its lenders, appears to be heading towards bankruptcy. — Bloomberg

DALLAS: Empty shelves. Dated merchandise and sparsely populated stores.

That was the scene in Bed Bath and Beyond Inc locations across the United States as the once-mighty home goods chain blazed towards bankruptcy in what could be the largest US retail collapse since Toys “R” Us.