Category: Bed Bath

Bed Bath & Beyond Files for Bankruptcy Protection After Long Struggle

April 23, 2023
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Bed Bath & Beyond Inc. filed for Chapter 11 bankruptcy protection on Sunday after the home goods retailer failed to secure funds to stay afloat. The Union, New Jersey-based home goods retailer filed for bankruptcy in a District of New Jersey court, listing both its estimated assets and liabilities in the range of $1 billion…

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Bed Bath & Beyond Staves Off Bankruptcy With $225 Million From Stock Sale

February 8, 2023
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Bed Bath & Beyond Inc. said on Tuesday it raised about $225 million in an equity offering and may get another $800 million over the next 10 months, as the struggling retailer tries to avoid bankruptcy. Bed Bath, which first raised the prospect of bankruptcy early last month, said on Monday it planned to raise…

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Ryan Cohen’s $60 Million Bed Bath U-Turn Triggers Meme Stock Investor Ire

August 19, 2022
Bed BathBusiness & MarketsCompaniesenergyMarketsmeme stockRyan Cohenstocks
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Investors flooded social media platforms such as Reddit on Friday with criticism of Ryan Cohen’s sale of his stake in Bed Bath & Beyond Inc., blaming him for helping fuel a meme stock rally only to then walk away with a $60 million profit. The billionaire investor disclosed on Thursday he had sold his 9.8…

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