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Bed Bath & Beyond says it can no longer pay its debts

Name: Bed Bath & Beyond says it can no longer pay its debts
Uploaded: 2023-01-26T15:55:09-08:00
Channel: NBC Palm Springs
Description: The end could be near for struggling retailer Bed Bath & Beyond, as it warned in a regulatory filing Thursday that it received a notice of default from its lender, JPMorgan Chase. Shares of Bed Bath & Beyond (BBBY) plunged more than 20% on the news, to about $2.56 a share.

By: Pristine Villarreal

January 26, 2023

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