by Peter Giannetti | Apr 11, 2023 | Food Storage, Home + Housewares, Kitchenware
Tupperware Brands Corporation announced it has engaged financial advisors to help improve its capital structure and near-term liquidity while noting in a statement it has “substantial doubt” about its ability to continue as a going concern. The longtime maker of food...
by Mike Duff | Mar 31, 2023 | Featured News, Retail Articles
Bed Bath & Beyond is returning to the equity market in a bid to raise cash while simultaneously warning of weak fourth-quarter results and the possibility of bankruptcy. The company announced it had launched a new, At-The-Market offering program, entering into a...
by Mike Duff | Feb 22, 2023 | Featured News, Retail Articles
Bed Bath & Beyond announced a special record date of February 27 for payment of interest due as of February 1 on the company’s senior notes, characterizing that payment as a step in getting the company back on financial track. Interest previously due on...
by Mike Duff | Oct 19, 2022 | Featured News, Retail Articles
Bed Bath & Beyond has commenced offers to exchange any and all of its outstanding senior notes but has warned that if the initiative is unsuccessful, it may consider bankruptcy. Sue Gove, director and interim CEO of Bed Bath & Beyond, said, “We believe...
by Mike Duff | Sep 2, 2022 | Retail Articles
As it announced the successful completion of financing agreements the day after revealing plans to change the company’s strategic direction, including a re-emphasis on national brands, Bed Bath & Beyond has become the subject of greater scrutiny as to its...
