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...
Bed Bath & Beyond will hold a previously announced special meeting of shareholders on May 9 where the company is asking for support for its reverse stock split plan. The announcement detailed certain information about the shareholder vote and its stock relevant to...
As part of its work to improve its financial condition, Bed Bath & Beyond has launched a new vendor consignment program with ReStore Capital, a Hilco Global company, which will purchase up to $120 million in pre-arranged merchandise from the retailer’s key...
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...
As it continues working to repair its finances, Bed Bath & Beyond has set plans for a special shareholder meeting to update the company’s Amended and Restated Certificate of Incorporation so it can execute a reverse stock split. The intention is to give the...
