Bed Bath & Beyond adds another B - BANKRUPTCY

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re'up

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From the other threads; Not an expert, at all, but I follow in the WSJ, this was one of those you can see coming, just by passing a BBB. They are empty. Poorly managed, disorganized, chaotic, and just really expensive to keep open. Look at the spaces.

Besides the marquee brands, like Target, and giants like Wal Mart, all those big boxes stores are doomed. The world has changed too much. The real estate doesn't make sense anymore. You have these massive properties on expensive leases, the electricity, payroll, insurance, they have all been hemorraging money for years. They don't have the cash flow or credit lines to help cover anymore, because of interest rates.

Didn't their CFO jump out of a building last September? That's never a good sign either.

and also, remember that movie with Adam Sandler and Christopher Walken, I want say like a third of the movie took place in a Bed Bath and Beyond lol
 
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re'up said:
From the other threads; Not an expert, at all, but I follow in the WSJ, this was one of those you can see coming, just by passing a BBB. They are empty. Poorly managed, disorganized, chaotic, and just really expensive to keep open. Look at the spaces.

Besides the marquee brands, like Target, and giants like Wal Mart, all those big boxes stores are doomed. The world has changed too much. The real estate doesn't make sense anymore. You have these massive properties on expensive leases, the electricity, payroll, insurance, they have all been hemorraging money for years. They don't have the cash flow or credit lines to help cover anymore, because of interest rates.

Didn't their CFO jump out of a building last September? That's never a good sign either.

and also, remember that movie with Adam Sandler and Christopher Walken, I want say like a third of the movie took place in a Bed Bath and Beyond lol
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It’s wild because joints like JC Penny and Sears were known as Anchor Stores because they were holding down the malls (and in some cases the outdoor shopping centers). Nowadays, not only are malls depleting, but the so-called anchors can’t even hold themselves down
 
TheMailMan

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Never shipped there or Kohl's... Need to hit up Montgomery wards or A&P for the deals instead
 
hitmonlee

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re'up said:
From the other threads; Not an expert, at all, but I follow in the WSJ, this was one of those you can see coming, just by passing a BBB. They are empty. Poorly managed, disorganized, chaotic, and just really expensive to keep open. Look at the spaces.

Besides the marquee brands, like Target, and giants like Wal Mart, all those big boxes stores are doomed. The world has changed too much. The real estate doesn't make sense anymore. You have these massive properties on expensive leases, the electricity, payroll, insurance, they have all been hemorraging money for years. They don't have the cash flow or credit lines to help cover anymore, because of interest rates.

Didn't their CFO jump out of a building last September? That's never a good sign either.

and also, remember that movie with Adam Sandler and Christopher Walken, I want say like a third of the movie took place in a Bed Bath and Beyond lol
Click to expand...
yeah

best buy was almost there but they rebranded all their stores. i thought they were done but bounced back
 
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