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Bed Bath & Beyond files for chapter 11 bankruptcy , Closing all Stores

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the staff of the Ridgewood blog

Paramus NJ, Bed Bath & Beyond filed for chapter 11 bankruptcy and is preparing to close its remaining stores, the company announced Sunday, after months of speculation the suffering chain would make the financial move.

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Bed Bath & Beyond on the Precipice of Bankruptcy

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the staff of the Ridgewood blog

Paramus NJ, Bed Bath & Beyond said it might not be able to continue as a going concern, bringing another US retail chain to the precipice of bankruptcy and potentially placing tens of thousands of employees at risk. The news comes less than a day after Amazon said it was firing more than 18,000 employees—8,000 more than expected—the biggest wave of terminations in its history.

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Bed Bath & Beyond to Close Fashion Center Location in Paramus

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the staff of the Ridgewood blog

Paramus NJ, a little over a week since Bed Bath & Beyond announced that Gustavo Arnal, Executive Vice President and Chief Financial Officer of the Company, passed away on September 2, 2022.

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Bed Bath & Beyond has announced plans to close dozens of stores

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the staff of the Ridgewod blog

Paramus NJ, Bed Bath & Beyond has announced plans to close dozens of stores.

Forty stores in 20 states are shutting their doors, including three in our area:

Exterior Street in Concourse Village, the Bronx
Palisades Center Drive in West Nyack, New York
Route 46 in Parsippany, New Jersey

Another 20 locations are slated to close later this year.

The retail chain still has nearly 1,000 stores across the United States and Canada.