Bed Bath & Beyond Could File for Bankruptcy
For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It's completely free and we guarantee you'll learn something new every day.
Somebody buy a few million loofahs, quick!
Bed Bath & Beyond, the home goods giant that generously accepts coupons well past their expiration dates, told shareholders Thursday that bankruptcy is now a possibility, and The Wall Street Journal reported sources have confirmed the company is indeed in the early stages of preparing a Chapter 11 filing. College students everywhere are shedding a tear, praying they won't have to switch to Ikea.
Source Fool.com