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BBBY / Bed, Bath & Beyond shares surge on report it secures source for loan deal

Shares of Bed, Bath & Beyond Inc. BBBY, -4.98% surged 15% in early premarket trading on Wednesday after The Wall Street Journal reported, citing sources, that the struggling retailer has picked a lender to provide a much-needed loan deal, following a marketing process by JPMorgan Chase & Co. The company is hoping to shore up liquidity amid inventory struggles and falling sales. An earlier report from The Wall Street Journal said Bed, Bath and Beyond had been hoping to secure around $375 million to also help it pay down debt. Read More

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Posted: Aug 24 2022, 05:39

Author Name: Market Watch

BBBY News

By CNBC
July 7, 2023

Buy Buy Baby auction is canceled, but buyers are still interested in making a bid

Bed Bath & Beyond canceled an auction for its Buy Buy Baby business, but the chain could still end up being saved.

By CNBC
June 23, 2023

Buy Buy Baby suitors lose interest in keeping stores open as auction nears

While Bed Bath & Beyond's Buy Buy Baby has a number of suitors circling its assets, interest has waned in keeping the chain's store footprint alive.

By The Motley Fool
June 10, 2023

Billionaire Stanley Druckenmiller Is Sending a Roaring Warning to Investors

Druckenmiller recently warned investors that the economy could be headed for a hard landing. He's concerned that the high-interest rate environment co

By Market Watch
May 10, 2023

Bed Bath & Beyond bankruptcy: What it means for industrial and commercial real estate

Bed Bath & Beyond Inc.'s bankruptcy could have major implications for industrial and commercial real estate, experts say.

By PYMNTS
May 4, 2023

Bed Bath & Beyond Claims Shipping Company ‘Exploited Customers'

Bed Bath & Beyond is seeking reparations from a shipping company it says “exploited customers.” The bankrupt retailer filed its complaint again

By InvestorPlace
May 4, 2023

Bed Bath & Beyond Starts Trading as BBBYQ Stock

Bed Bath & Beyond (OTCMKTS: BBBYQ ), which declared bankruptcy last month, was delisted from the Nasdaq yesterday as part of its bankruptcy proceeding

By Forbes
May 3, 2023

Retail Evolution: Bed Bath & Beyond Stores Won't Stay Empty For Long

Although many retailers may feel anxious about the prospect of going bankrupt, this is a chance for brands to expand their horizons and explore new ma

By InvestorPlace
May 3, 2023

BBBY Stock Alert: Nasdaq Delists Bed Bath & Beyond Stock

Bed Bath & Beyond (NASDAQ: BBBY ) is no more. Shares of BBBY stock stopped trading today, as the company begins its delisting process.

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