Bed Bath & Beyond Inc. and subsidiaries (the "Company") is an omnichannel retailer that makes it easy for our customers to feel at home. The Company sells a wide assortment of merchandise primarily in the Home and Baby markets.

Well Watsonians, it looks like the death of Bed Bath and Beyond will have to wait another month or two as the company has secured funding to avoid bankruptcy.  If all the convertible preferred shares are executed, this new lender will own 80% of the business.  In other news, Bed Bath and Beyond also reported that it can maybe pay suppliers now, so I guess there’s that.

Retail Dive: Last-minute funding buys Bed Bath & Beyond more time