EVERYONE
Never forgotten
>>> WELCOME BACK
IT IS THE END OF AN ERA FO
RETAILER BED, BATH, AND BEYOND
THE RETAILER IS URGING PEOPLE TO
COME IN AND BUY AS THEY KICK OFF THE CLOSURE SALES TODAY.
Never forgotten
THEY FILED FOR CHAPTER 1
BANKRUPTCY ON SUNDAY
>> JOINING US TO DISCUSS I
BUSINESS REPORTER BRIAN CHEUNG
GOOD MORNING
WE HAVE NOT HEARD A LOT ABOUT IS
JUST WHY BED, BATH, AND BEYOND
IS FILING FOR BANKRUPTCY
>> WE HAVE BEEN HEARING SOME
WARNINGS FOR A LITTLE WHILE THAT
THEY COULD BE FALLING INTO
BANKRUPTCY WHICH THEY FILED FO
ON SUNDAY.
THIS IS A COMPANY THAT HAD A LOT
OF ISSUES, KEEPING UP WITH
E-COMMERCE AND THE LIKES O
AMAZON HAVE BEEN EATING THEI
LUNCH FOR A WHILE.
BRICK AND MORTAR IS ALIVE BUT IT
IS TAKING ON THE BIG BOX ONE
STOP SHOPS
PEOPLE DON’T WANT TO GO TO
MULTIPLE RETAILERS AND MAK
MULTIPLE STOPS
YOU WILL GO TO WALMART AND
TARGET AND GET GROCERIES A
WELL
SO BED RGS BATH, AND BEYOND HA
BEEN UNABLE TO ADAPT TO THAT
>> IT FEELS LIKE AN END OF A
ERA.
WE ARE TALKING ABOUT 300 STORE
NATIONWIDE, AND BRANDS, BYE, BYE
BABY AS WELL
WHAT ABOUT THE EMPLOYEES AND THE
OTHER BRANDS
>> UNFORTUNATELY, THE PLAN I
FOR ALL OF THE STORES TO B
CLOSED AND THE COMPANY MOVED OUT
BY JUNE 30
>> THAT IS SOON.
>> IT IS VERY SOON
FOR THOSE LOOKING AT BED, BATH
AND BEYOND, IT MAY BE THE END OF
EMPLOYMENT THERE
FOR THOSE SHOPPING, WE ARE TAL
ABOUT TODAY.
YOU NO LONGER ARE ABLE TO US
THE ICONIC 20% OFF COUPONS I
THE MAIL BECAUSE THE LIQUIDATION
SALES BEGIN TODAY.
THEY ARE FILING FOR BANKRUPTCY
AND GETTING RID OF ALL OF TH
MERCHANDISE ON THE STORE SHELVES
WHICH COULD BE A GOO
OPPORTUNITY TO BUY SOMETHING
>> AND I WANTED TO GET TO THAT
WHAT KIND OF DEALS CUSTOMERS
EXPECT
>> I WAS LOOKING ONLINE FO
SALES AND SOME THINGS WERE 40%
OR 50% OFF
BUT A LOT OF THINGS WERE FUL
PRICE.
ITEMS PURCHASED TODAY WILL B
ELIGIBLE UNTIL MAY 24th.
YOU CAN USE GIFT CARD UNTIL MA
8.
BUT IT IS MOVING QUICKLY
IF YOU WANTED TO SCORE A GOO
DEAL, YOU MAY NOT FIND IT ON THE