After 52 years in business, Bed Bath & Beyond filed for bankruptcy and closed its 54 Canadian stores four days earlier than planned this week, surprising some customers left with now-worthless gift cards.
A store that has long supplied shoppers with towels, sheets, pots, and pans is now officially out of business in Canada and is continuing to wind down its U.S. operations.and closed its 54 Canadian stores four days earlier than planned this week, surprising some customers.
Stefanie Vallee of Sudbury, Ont., still has a $100 gift card she was hoping to use, but when she went to a location near her she said she was told it was too late and that the card had no value after March 9. “They didn't come back from COVID-19 with any kind of pivot or strategy to create that compelling reason for the customer to come back into their stores,” Hutcheson said.
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