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54°
Saturday, sep 7
Tag:
buybuy BABY
Business
Bed Bath & Beyond Plans To Close Remaining Stores After Filing For Bankruptcy
Struggling home goods retailer Bed Bath & Beyond filed for Chapter 11 bankruptcy protection on Sunday, April 23 with plans to close all of its remaining stores by June after efforts to raise enough money to keep the company alive came up short. The company said in a statement that it will implement "an orderly wind-down" of its businesses while conducting a limited marketing process to solicit interest in one or more sales of some or all of its assets. For now, 360 Bed Bath & Beyond and 120 buybuy BABY stores and websites will remain open and continue serving customers as…
Business
Bed Bath & Beyond To Close More Stores In Massachusetts
Bed Bath & Beyond this week raised the number of stores it plans to close across Massachusetts from seven to at least 12. The retailer said it is struggling with debt obligations and will shutter some of its least profitable stores. Last month, executives announced it had or planned to close seven locations in the state. On Tuesday, they added five more to that list. Those include locations in: Hadley Dorchester Seekonk North Attleborough Leominster Milford Burlington Raynham North Dartmouth Pittsfield Hudson Dedham Eight Bed Bath & Beyond locations in the state…
Business
Recall Issued For 2M Infant Swings, Rockers Due To Entanglement, Strangulation Hazards
Millions of infant swings that were distributed in stores across the country are being recalled due to an entanglement and strangulation hazard that caused the death of a 10-month-old baby. About two million MamaRoo swings and 220,000 RockaRoo rockers were recalled because when the swing or rocker is not in use, the restraint straps can hang below the seat and crawling infants can become entangled, the United States Consumer Product Safety Commission (CPSC) and Thorley Industries, LLC, d.b.a. 4moms announced on Monday, Aug. 15. According to the announcement, 4moms has received two repo…