June 24, 2020

Bed Bath & Beyond Adds to Liquidity

Bed Bath & Beyond has just executed an $850 million credit facility to increase liquidity amidst unprecedented challenges faced as a result of COVID-19. Despite impacts of the pandemic that have been felt throughout the company, Bed Bath & Beyond is on track to reopen almost all of its stores by mid-July, and continues to find success in growth of is omnichannel model, which in combination will all serve to further strengthen their financial position in the long term. Click here for more details in the full story from Chain Store Age.

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