Bed Bath & Beyond bankruptcy, store closures to impact Houston real estate
1 min read
After months of upheaval, Bed Bath & Beyond Inc. (Nasdaq: BBBY) has filed for bankruptcy. The decision is a low point for a home goods retailer that has been around for more than half a century — and one that will open some several large spaces in Houston-area retail centers.
The New Jersey-based chain filed for Chapter 11 bankruptcy on April 23. In its voluntary petition, the company reported $4.4 billion in total assets and $5.2 billion in total debts as of the second half of 2022. The company…
