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Why Is Bed Bath & Beyond Filing for Bankruptcy?

What to know about the retail giant’s collapse—from how we got here to what to expect next. Plus: A look back on how exactly those coupons became so iconic.

Pocket Collections

Amy Maoz

Read when you’ve got time to spare.

Image by Justin Sullivan / Getty Images

WHAT’S HAPPENING: Bed Bath & Beyond Gets Fresh $40 Million to Fund Bankruptcy

From April 2023: Bed Bath & Beyond is planning to start store closing stores later this week as it holds out hope that a buyer will come forward to save the retailer from going out of business.

HOW WE GOT HERE: How Bed Bath & Beyond Went From Retail Darling to Bankruptcy.

From January 2023: There is no single factor at the core of Bed Bath & Beyond’s woes, but instead, a series of issues that have led to its slow decline.

WHAT’S NEXT: Who Is Going to Get BBB’s $5 Billion in Retail Business?

From April 2023: Who wins, who loses and what about all the thousands of suppliers who did business with the retailer for as long as 50 years?

TIME CAPSULE: An Oral History of the World’s Biggest Coupon

From December 2020: Bed Bath & Beyond’s plus-size mailer, known as Big Blue, has made it to TV, eBay, even a mobster’s kitchen drawer. “The poor mailmen,” the company’s former marketing V.P. said, “what we did to them.”