With Mattress Tub & Past saying plans to “wind down” its operations because it goes via chapter proceedings, the household-goods retailer will start “store-closing gross sales” at its areas in California and elsewhere on Wednesday.
The retailer, which beforehand closed quite a few areas because it labored via monetary difficulties, introduced Sunday that it had filed for Chapter 11 chapter safety “to implement an orderly wind down of its companies whereas conducting a restricted advertising and marketing course of to solicit curiosity in considered one of extra gross sales of some or all of its property.”
Firm officers mentioned the remaining 350 Mattress Tub & Past areas and 120 buybuy Child areas throughout the nation will stay open for now. However it was unclear how lengthy that can final.
In line with the corporate, all areas will start their store-closing gross sales on Wednesday.
“We encourage you to come back store to your favourite merchandise whereas merchandise choice is finest,” in keeping with the corporate’s web site.
However with these gross sales starting, clients will not be capable of use these ubiquitous Mattress Tub & Past coupons that nearly at all times accompanied the retailer’s promoting mailers. The corporate famous that the shop closing gross sales will enable clients “to buy your favourite merchandise at deep reductions.”
Reward playing cards will likely be accepted via Might 8, and other people with merchandise credit will be capable of redeem them via Might 15. The corporate’s Welcome Rewards+ bank cards will nonetheless be accepted.
Further particulars can be found on-line at www.bedbathandbeyond.com.
Metropolis Information Service contributed to this text.