Bed Bath & Beyond secures $120 million to restock shelves and avoid bankruptcy.

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Source: Barron's
Bed Bath & Beyond secures $120 million to restock shelves and avoid bankruptcy.
Photo: Barron's
TL;DR Summary

Bed Bath & Beyond has entered into a $120 million deal with ReStore Capital to purchase merchandise from its key suppliers to boost inventory at its stores. The move comes as the retailer faces potential bankruptcy.

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