Bed Bath Beyond Closing All 54 Canadian Stores

Bed Bath Beyond Closing All 54 Canadian Stores Huddle Today Bed bath & beyond's canadian operations are going out of business, according to a court filing on friday, two days after the retailer quickly raised cash to stave off a u.s. bankruptcy. the. Daily hive first reported that bed bath & beyond was closing in canada, according to court filings dated february 10, 2023. covid 19 related supply chain issues contributed to significant losses and it was determined that canadian operations were “not profitable on a standalone basis.”. in canada, there are 54 stores, and in bc, there are.

Bed Bath Beyond Closing All 54 Canadian Stores Bed bath & beyond canada will be closing 54 stores and 11 buybuy baby stores, terminating 387 full time and 1,038 part time jobs, according to court documents. steve russell toronto star facebook. Zoe demarco. february 13, 2023. 04:49 am. bed bath & beyond is closing all of its canadian stores and winding down operations across the country. according to a court filing shared by consultancy firm alvarez & marsal on february 10, the retail chain is insolvent. the canadian division is "not profitable on a standalone basis," the documents note. After 52 years in business, bed bath & beyond filed for bankruptcy and closed its 54 canadian stores four days earlier than planned this week, surprising some customers left with now worthless. The canadian operations of bed bath & beyond is going out of business and will be shutting 54 stores across the country, according to court filings dated february 10, 2023. the documents, which can be found on the website of consulting firm alvarex and marsal, state that despite efforts for “long term success,” operations were impacted by.