Bed Bath & Beyond has defaulted on its debt, the company reported in a 10-Q filing with the United States Securities and Exchange Commission, and the company is considering financing alternatives, again warning that it may have to file for bankruptcy. In a...
In a time period when observers and vendors wondered if a bankruptcy filing might be imminent, Bed Bath & Beyond instead affirmed that it is looking at all options in dealing with the company’s financial difficulties even as it announced third-quarter results that...
Bed Bath & Beyond announced in a financial update that it might not be able to proceed as a “going concern” after recurring losses and negative cash flow from operations for the nine months ended November 26, 2022, as well as current cash and liquidity...
Bed Bath & Beyond has once again announced that it has extended its previous offers to exchange any and all of its outstanding senior notes after limited success in getting holders to make the trade-ins. The extension includes offers to convert 3.749% senior notes...
Sears Hometown is liquidating inventory under Chapter 11 bankruptcy protection after a dispute with Transformco, an entity created by financier and former Sears CEO Edward Lampert and ESL Partners, a hedge fund he operates, regarding payments for ongoing inventory...
