{"id":84540,"date":"2023-04-24T00:11:54","date_gmt":"2023-04-24T04:11:54","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=84540"},"modified":"2023-04-23T22:59:14","modified_gmt":"2023-04-24T02:59:14","slug":"bed-bath-beyond-files-for-bankruptcy-protection-after-failed-turnaround-efforts","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2023\/bed-bath-beyond-files-for-bankruptcy-protection-after-failed-turnaround-efforts.html","title":{"rendered":"Bed Bath &#038; Beyond files for bankruptcy protection after failed turnaround efforts"},"content":{"rendered":"\n<p>(CNBC) <a href=\"https:\/\/www.cnbc.com\/quotes\/BBBY\/\">Bed Bath &amp; Beyond<\/a> on Sunday filed for Chapter 11 bankruptcy protection after it failed in several last-ditch efforts to raise enough money to keep the company alive. The beleaguered home goods retailer has been <a href=\"https:\/\/www.cnbc.com\/2023\/01\/05\/bed-bath-beyond-shares-plummet-as-company-warns-of-deeper-financial-troubles.html\">warning of a potential bankruptcy<\/a> since early January, when it issued a <a rel=\"noreferrer noopener\" href=\"https:\/\/bedbathandbeyond.gcs-web.com\/news-releases\/news-release-details\/bed-bath-beyond-inc-provides-business-update\" target=\"_blank\">\u201cgoing concern\u201d notice<\/a> that it may not have the cash to cover expenses after a <a href=\"https:\/\/www.cnbc.com\/2023\/01\/10\/bed-bath-beyond-bbby-q3-2023-earnings.html\">dismal holiday season<\/a>.\u00a0Shares of the company closed at 29 cents Friday, giving it a market value of $136.9 million. <\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/04\/23\/bed-bath-beyond-files-for-bankruptcy-protection.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Bed Bath &amp; Beyond on Sunday filed for Chapter 11 bankruptcy protection after it failed in several last-ditch efforts to raise enough money to keep the company alive. The beleaguered home goods retailer has been warning of a potential [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-84540","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84540","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=84540"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84540\/revisions"}],"predecessor-version":[{"id":84541,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84540\/revisions\/84541"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=84540"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=84540"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=84540"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}