Bed Bath & Beyond filing bankruptcy: what Columbus residents should be aware of

National retailer Bed Bath & Beyond announced Sunday that it filed for bankruptcy and will eventually be closing all of its stores, including the Columbus Park Crossing location.

Bed Bath & Beyond filed for relief under Chapter 11 Sunday in the United States Bankruptcy Court for the District of New Jersey. The retailer’s estimated assets and liability were between $1 billion to $10 billion.

The company will be closing 360 Bed Bath & Beyond locations and 120 Buybuy Baby retail stores. It has received $240 million in financing Continue to operate the stores during the liquidation.

The company has announced that it will be launching a new product since September last year. closing 354 locations In an effort to avoid bankruptcy, 149 closures were announced in February.

Columbus is not the most popular location. updated list of store closings. You can also find out more about the following: store will remain open for business and continue serving customers for now, Bed Bath & Beyond told the Ledger-Enquirer in a statement.

“During this time, we will be changing several of our customer programs and policies,” said the statement.

The policies among those changes include:

• You can redeem gift cards until May 8.

• Items purchased before April 23, will be eligible for returns and exchanges according to their normal policies up until May 24,

• From April 26, the store will no long accept coupons or Welcome Reward+ discounts.

No further details about the final sales and closing date for the Columbus store have been released. The company refused to comment on how many employees will be affected in Columbus by the closure.

“We thank our loyal customers for bringing us into their lives,” reads the statement. “And encourage them to visit us in-store and online to shop our closing sales.”