Bed, Bath, & Beyond bankruptcy: What does it mean to customers?
Home goods retailer Bed, Bath, & Beyond announced over the weekend that it is seeking Chapter 11 protection in Federal Bankruptcy Court and expects to close all of its stores by June 30th unless the company can be sold.
The announcement may leave questions for online customers and those who shop brick and mortar stores, including the Boardman location on Route 224.
According to an email sent to customers, although stores remain open for now, discount coupons will only be honored until Wednesday, April 26, 2023, when store closing sales will begin.
Customers can continue to shop online and use the store app. Orders placed online will be delivered if items remain in stock, according to the company.
Items purchased prior to April 26 may be returned in accordance with the usual policies until May 24, 2023. All purchases made during store closing sales will be final.
Customers can redeem Welcome Rewards until May 15, 2023; However, the company is no longer awarding Welcome Rewards on purchases.
Customers can redeem merchandise credits until May 15, 2023.
Gift cards will be honored through May 8, 2023.
Customers can continue to use their Welcome Rewards+ store credit card at this time. While memberships are not eligible for a refund, membership benefits will continue before store closing sales begin on April 26, 2023.
The company says policies are subject to change.