Discounts get deeper at Bed Bath & Beyond as stores prepare to close in Canada
As Bed Bath & Beyond prepares to close all of its Canadian stores this spring, the discounts are getting deeper.
According to a promotional email from the company, discounts at the store are now around 25 per cent to 40 per cent off the lowest ticketed prices. The stores are expected to close by April 2023, so now could be the perfect time to score a deal.
Stores will not provide any refunds as all sales are now final, and gift cards are no longer being accepted.
According to a statement the company provided to Daily Hive, Bed Bath & Beyond is hosting closure sales now through April 2023, when they expect to "complete the wind-down" of all Canadian operations.
As part of ongoing Companies' Creditors Arrangement Act proceedings, a court order has authorized the liquidation of inventory as part of the retailer's planned Canadian wind-down.
The reasons behind Bed Bath & Beyond's impending closure in Canada include COVID-19-related supply chain issues. In the U.S., the company is facing bankruptcy.
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