May 20, 2024

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Bed Bath & Beyond files for bankruptcy

Bed Bath & Beyond files for bankruptcy

Bed Bath & Beyond has filed for bankruptcy, and that means customers won’t have long to redeem gift cards or return items they’ve recently purchased. Several Bed Bath & Beyond stores have closed across New Hampshire in recent months, but there are still five stores in the Granite State, along with Buy Buy Buy Baby in Nashua. Bed Bath & Beyond’s profits have slumped after stores closed for several months due to the pandemic, and the company has been trying to cut costs by closing more than half of its stores since late last year. The remaining 360 Bed Bath & Beyond stores and 120 Buy Buy Baby stores will remain open for now. The usual return and exchange policies will remain in effect through May 24, while gift cards and certificates will remain valid through May 8. Coupons will not be valid after Wednesday. Rewards can be redeemed until May 15th, but stores will not be awarded after that. Outside the Buy Buy Baby store in Nashua on Monday, some moms and dads can say shopping online at other retailers can make things easy, but they enjoy being able to shop in-store and said there are no other options around. “There’s absolutely nothing there, Amazon,” said shopper Chelsea McCarthy, “but you can’t feel things. You can’t look at things. It’s hard to put them back after that.” McCarthy said Buy Buy Baby was a one-stop shop for her baby. “We drove over an hour to get here because there are no other options anywhere, other than the small section at Target, Walmart,” McCarthy said. The company said it expects to close all of its stores by the end of June. In-store wedding and baby registries are secure, she said, and there are plans to add an alternative platform for registries.

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Bed Bath & Beyond has filed for bankruptcy, and that means customers won’t have long to redeem gift cards or return items they’ve recently purchased.

Several Bed Bath & Beyond stores have closed across New Hampshire in recent months, but there are still five stores in the Granite State, along with Buy Buy Buy Baby in Nashua.

Bed Bath & Beyond’s profits have slumped after stores closed for several months due to the pandemic, and the company has been trying to cut costs by closing more than half of its stores since late last year.

The remaining 360 Bed Bath & Beyond stores and 120 Buy Buy Baby stores will remain open for the time being.

The usual return and exchange policies will remain in effect through May 24, while gift cards and certificates will remain valid through May 8. Coupons will not be valid after Wednesday.

Rewards can be redeemed through May 15, but stores will no longer give them away on purchases.

Outside Buy Buy Baby in Nashua on Monday, some moms and dads said shopping online at other retailers can make things easy, but they enjoy being able to shop in-store and said there are no other options around.

Amazon shopper Chelsea McCarthy said, “There’s absolutely nothing there. Amazon, but you can’t feel things. You can’t look at things. It’s hard to put them back after that.”

McCarthy said Buy Buy Baby was a one-stop shop for her baby shopping.

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“We drove over an hour to get here because there are no other options anywhere, other than the small section at Target, Walmart,” McCarthy said.

The company said it expects to close all of its stores by the end of June. In-store wedding and baby registries are secure, she said, and there are plans to add an alternative platform for registries.