by Mike Duff | Apr 28, 2023 | Featured News, Retail Articles
Liquidation operator Hilco Merchant Resources has won an auction for the assets of Tuesday Morning Corp. The agreed-on price was $32.1 million, and the United States Bankruptcy Court for the Northern District of Texas has approved the sale, although the sales price...
by Mike Duff | Apr 26, 2023 | Featured News, Retail Articles
As it winds down operations, Bed Bath & Beyond has announced that it was notified by the Nasdaq Listing Qualifications Department that the market had determined to delist the company’s common stock although trading will continue temporarily. Bed Bath &...
by Peter Giannetti | Apr 24, 2023 | HomePage Views
The Bed Bath & Beyond saga has long had the feeling of a gravely ill relative or friend. Despite expectations and preparation, the demise hits hard with deep sorrow. It is still stunning if not shocking. Sunday’s Chapter 11 filing allows Bed Bath &...
by Mike Duff | Apr 24, 2023 | Featured News, Retail Articles
Despite intense efforts to avoid the contingency, Bed Bath & Beyond has announced that it filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the District of New Jersey to implement an orderly...
by Mike Duff | Mar 31, 2023 | Featured News, Retail Articles
Bed Bath & Beyond is returning to the equity market in a bid to raise cash while simultaneously warning of weak fourth-quarter results and the possibility of bankruptcy. The company announced it had launched a new, At-The-Market offering program, entering into a...