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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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