Bed Bath & Beyond expected to declare bankruptcy 'within days'
NEW YORK CITY, New York: Bed Bath & Beyond of Union, New Jersey is preparing to file for bankruptcy as early as within days.
Once considered an innovator in the home goods sector, in recent years the failure of the company's merchandising strategy to sell more store-branded products has seen overall sales decline.
This week, Bloomberg Law reported that Bed Bath & Beyond was in talks with advisers and lend