Yahoo Finance Bed Bath & Beyond, facing bankruptcy and string of store closings, stops accepting coupons
The iconic blue Bed Bath & Beyond coupons have finally expired.
Bed Bath & Beyond stopped accepting coupons as of Wednesday, when store closing sales kicked off, according to the company's website. (It's unclear how long the sales will last.)
The home goods chain filed for bankruptcy protection Sunday after failed turnaround efforts and began its wind down process while still looking for a buyer for all or some of its businesses.
The company's 360 Bed Bath & Beyond stores and 120 buybuy BABY locations will remain open and customers can continue shopping online, as the company begins to close the business.
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Why did Bed Bath & Beyond declare bankruptcy?
Bed Bath & Beyond, which was founded in 1971, has been warning of a potential bankruptcy since early January and had announced a series of job cuts and store closures in the past year.
The beleaguered home goods retailer has experienced a decline in sales and struggled to attract shoppers in recent years.
Can I still use Bed Bath & Beyond 20%-off coupons?
Bed Bath & Beyond customers can no longer redeem coupons, according to the retailer's website.
The bankruptcy filing means the end of the popular big, blue coupon. In 2020, the company said it would scale back on its coupon program in an effort to boost profits, according to reports.
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If you're a member of the rewards program, you'll have until May 15 to redeem your Welcome Rewards, but you won't earn any new rewards on purchases, the company said. The paid memberships are not eligible for refunds.
Can I still use Bed Bath & Beyond gift cards?
You can use your gift card through May 8. And you can redeem merchandise credits until May 15.
Can I make returns or exchanges at Bed Bath & Beyond?
Bed Bath & Beyond will accept returns and exchanges (in accordance with its usual policies) for items purchased before Wednesday until May 24.
All purchases during the store closing sales will be final.
This article originally appeared on USA TODAY: Amid Bed Bath & Beyond bankruptcy filing, company stops taking coupons
