Bed Bath & Beyond Says Banks Have Cut Off Its Credit Lines

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Bed Bath & Beyond said banks have determined it has defaulted on its credit lines and it doesn’t have the funds to repay them, as the retailer prepares for a potential bankruptcy filing

Bed Bath & Beyond Inc. said it doesn’t have the funds to repay its banks after they determined the retailer has defaulted on its credit lines.

The home-goods chain said Thursday it received a notice of default from JPMorgan Chase & Co. on Wednesday. The banks are calling for an immediate repayment of all outstanding loans under the credit agreement.

 

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There products went downhill. 2 years ago I stopped shopping there bb

MyPillow. Just saying.

All the money they wasted on those oversized blue coupons

They are super over priced

Good thing I used my Bed Bath & Beyond gift card this week. 😳

And our economy is healthy the WH says....really?

JCOviedo6 This is bullish.

Now they’re able to implement more of their Woke agenda

Oh no, it's saddening to see this news. They always had good body care...🥲

Bagholders, Bankruptcy, and Beyond?

Shoppers waiting for the Going Out of Business sale...

Is this My Pillow guy revenge?

Next stop - The Great Beyond

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