Bed Bath & Beyond Collapses

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The Street

By Luc Olinga The famous retailer has just filed for chapter 11 bankruptcy protection, after its latest attempt for a comeback failed. It’s winding down its operations. One more failure. And not a small one. A few weeks after the banking sector, the retail industry is in turn experiencing a colossal bankruptcy. Bed Bath & Beyond, a household name, has just filed for Chapter 11 bankruptcy protection, a decision which indicates that the company’s various turnaround plans have failed. “Bed Bath & Beyond Inc. today announced that it and certain of its subsidiaries (collectively, “the Company”) fil…

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