11/24/2023 0 Comments Bed bath and byondChicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. Your CNN account Log in to your CNN account We’re not told much,” said one other employee, who didn’t want to be named, because he was not authorized to speak about the sales.īed Bath & Beyond did not immediately respond to request for comment on the timing and level of liquidation discounts.Īnd as we left the store Wednesday, the bargain-hunting shoppers were still heading – but not rushing – in. “It could be 30% to 70% but I’m not positive about that. Another employee said he wasn’t sure when the liquidation sales would kick off at the store or how steep the discounts would be. She had loaded her shopping cart with an ice cream scoop, food-storage bags and large Ninja Foodi Cyclonic Grill that poked up above it.Įnd of an era: “I can throw these away after today”Ī store employee who didn’t want to be named said he was told that, once products sold out, they would not be restocked. Sadly, not on sale but I can’t wait for deals and then lose my store credit, too,” she said. “I didn’t want to lose my credit so i’m here and I picked by a few things. This brought Manhattan resident Lauren (who requested that her last name not be used) to the same store on Wednesday. While its Big Blue 20% coupons are already obsolete, Bed Bath & Beyond has set May 8 as the cutoff date for customers to use up their gift cards, gift certificates and merchandise credit. Several store employees who CNN spoke to declined to comment on when the liquidation sales would begin and how deep the discounting might be coming days and weeks. Scenes from outside the Bed Bath & Beyond store in Manhattan, New York on Tuesday, April 25, 2023. But if one doesn’t come forward, the company will likely be liquidated and go out of business. If it’s able to find a buyer, Bed Bath & Beyond will halt store closings. It’s seeking to sell some, or all, of the business. Bed Bath & Beyond has already shuttered 400 stores over the past year. The nationwide retailer, founded in 1971, has said it will now begin closing its remaining 360 Bed Bath & Beyond stores and 120 buybuy Baby locations. ![]() She added, wistfully: “This is a good store and very conveniently located. “I can throw these away after today,” said Graciano on Tuesday, the day the famous coupons expired. Graciano said she was there to score a few juicy deals but is also glad that the bankruptcy means she can finally get rid of all those coupons she’s been hoarding. Wednesday, the retailer transitioned to discount sales of leftover merchandise.īut in the store headquartered in New York’s Chelsea neighborhood, shoppers were streaming in but rarely leaving with their shopping carts full the store was missing any rush of fervent bargain-hunting. The nationwide chain declared bankruptcy over the weekend and said Tuesday was the final day for shoppers to use their famous coupons in its stores. I need a hamper, kitchen things, bedding. ![]() “I want to get all the sales I can get until this store closes. ![]() “I’m coming every day,” said Correa, as she strode the aisles of the 92,000-square-foot New York City flagship store with her coworker. Shoppers Mariel Correa and Jeanette Graciano, clutching a handful of the retailer’s iconic blue-and-white 20% off coupons, weren’t going to miss a minute of it. Bed, Bath & Beyond is having a mammoth going-out-of-business sale.
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