NEW YORK: Bed Bath and Beyond Inc, the big-box retailer that for decades provided essential shopping for college dorms, wedding gifts and new homes, will close all of its stores and liquidate inventory over the next two months after its turnaround failed.
The Union, New Jersey-based company filed for Chapter 11 bankruptcy on Sunday, a move that came months after it said it was weighing options to restructure debt with “substantial doubt” about its ability to keep operating.
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