Insider/Jessica Tyler
Yet another company is swooping in to gain from Bed Bath & Beyond's bankruptcy.
Crate & Barrel says customers who created wedding or baby gift registries at Bed Bath & Beyond or its BuyBuy Baby brand can transfer them to the Illinois-based furniture and home-decor retailer.
To do a transfer, the customer would need to create a Crate & Barrel or Crate & Kids registry, take a screenshot of their Bed, Bath & Beyond or BuyBuy Baby registry, then bring it into a Crate & Barrel store. They can also send it in by text.
Customers who roll over will receive 20% off one item and complimentary assistance from experts to complete their registries with the same or similar items, per the website.
Bed Bath & Beyond filed for bankruptcy last month after closing hundreds of stores, cutting jobs, and taking other steps in recent years to shore up its finances.
In an FAQ about the bankruptcy, the company said that customers' registry data is "safe and you can still view your registry at this time."
"We expect to partner with an alternative platform where you will be able to transfer your data and complete your registry," the website said. "No new registries will be created. We are focused on providing updates as quickly as practicable and are working to provide details in the coming days."
Bed Bath & Beyond did not immediately respond to Insider's request for an update on its plans.
Bed Bath & Beyond's registry business was already struggling pre-bankruptcy. As of April, the number of registries containing Bed Bath & Beyond items on the wedding-services platform Zola was down by more than half compared to last year, Bloomberg reported.
Crate & Barrel isn't the only company picking up the bones of the deteriorating Bed Bath & Beyond. Competitors like Walmart and Target are set to gain a bigger market share of the home goods product space. And stores like JoAnn, The Container Store, and Big Lots are all accepting Bed Bath & Beyond coupons.
Do you have a wedding or baby registry through Bed Bath and Beyond? We want to hear from you. Contact reporter Ben Tobin on email at btobin@insider.com.