Every Buybuy Baby store is closing after bankruptcy deal falls throughEvery Buybuy Baby store is closing after bankruptcy deal falls throughBuybuy Baby will close all of its stores as part of its parent company Bed Bath & Beyond’s ongoing bankruptcy liquidation. Buy Buy Baby store announcing a fixture sale for closing of store, Pleasant Hill, California, June 16, 2023. The acquisition also did not include Bed Bath & Beyond’s brick-and-mortar stores, which have closed. Overstock plans to relaunch its e-commerce site using the Bed Bath & Beyond branding. In a March 2022 letter, former Bed Bath & Beyond activist investor Ryan Cohen said he believed Buybuy Baby was “much more valuable than the Company’s entire market capitalization today.”For more CNN news and newsletters create an account at CNN.com

Source: CNN July 14, 2023 07:00 UTC