Bed Bath & Beyond explores asset sales and bankruptcy loan options.
Bed Bath & Beyond is reportedly considering asset sales and intellectual property sales as part of a potential bankruptcy filing, which could happen as soon as this weekend. The company is also seeking funding from Sixth Street Partners to support its operations through Chapter 11 proceedings. Bed Bath & Beyond had previously raised doubts about its ability to continue as a going concern and had announced job cuts, store closures, and new financing earlier this year.
