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11 bankruptcy should not impact my ability to do so.īBB Business Profiles may not be reproduced for sales or promotional purposes.īBB Business Profiles are provided solely to assist you in exercising your own best judgment. I am simply trying to make a purchase with those same funds now, and the Ch. I tried to make a purchase well before the gift cards and merchandise credit expired, and this was canceled without my permission. This is completely unacceptable, even for a company that is clearly mismanaged and going out of business. I tried to contact customer support and learned that they are no longer in operation as of 5/12/23, again without any warning. I the tried to place an order using the funds in my account wallet, but it appears that it is not being accepted because it is a type of merchandise credit which expired without any warning on 5/9/23. The order was cancelled (not by me), and it took almost two weeks to get the funds in my wallet in the online account after multiple conversations with customer service and absurd wait times.

Like knowing what stores, restaurants and developments are coming and going in Delaware? Join our Facebook group What's Going There in Delaware and subscribe to our What's Going There in Delaware newsletter.I initially made a purchase with gift cards on 4/29/23 after learning that the company would be going out of business. In late 20, Bed Bath & Beyond closed around 75 stores. The Delaware stores have already survived a few rounds of closures. ERP upgrades, inventory management systems, distribution centers and store-to-fulfillment conversions are all parts of modernizing a supply chain previously described as 'primitive.'. Only very radical action will allow it to survive and even if it does, it will be a shadow of its former self.' Bed Bath & Beyond is approaching its 250 million supply chain investment through a strategy that blends physical with digital. 'A catalogue of missteps has run the company into the ground and has made it increasingly irrelevant. 'Bad Bath & Beyond is too far gone to be saved in its present form,' Neil Saunders, a retail analyst and managing director of GlobalData wrote in an analysis. The sales decline was driven by lower customer traffic and reduced levels of inventory availability, they said. The company said Thursday it expects to report a 33% sales decline in the previous quarter and a net loss of $386 million, up from $276 million a year earlier. 'We are embracing a straight-forward, back-to-basics philosophy,' CEO Sue Dove said in a statement at the time.Īs of last summer, Bed Bath & Beyond had around 32,000 employees and 900 stores. The Brandywine Town Center closure is part of a move announced in August to close 150 'lower-producing' stores. The company spokesperson declined to comment on whether the Thursday announcement would affect the other stores.

The company also operates the Buy Buy Baby chain, which has a store in the Christiana Town Center. THE YEAR AHEAD: Target, Hobby Lobby and beach hotels are among the projects and businesses coming to Delaware in 2023īed Bath & Beyond has three Delaware stores: Brandywine Town Center, the Christiana Town Center off Route 273 and Coastal Highway in Rehoboth Beach. The company said it will consider all 'strategic alternatives,' including entering bankruptcy protection. In a public filing Thursday, Bed Bath & Beyond said it faces 'substantial doubt' that it can continue operations. They declined to comment when asked when the store will close. Watch Video: A look at the development projects Delaware Online/The News Journal is tracking in New Castle CountyĪs Bed Bath & Beyond warns it could soon file for bankruptcy, at least one of the home goods retailer's locations in Delaware is slated to close.Ĭlosing sales will unfold 'over the next few months' at the Bed Bath & Beyond in the Brandywine Town Center, according to a company spokesperson.

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