Marketing

Bed Bath & Beyond stores to have all locations open by July

Photo by istock.com

June 23, 2020

Bed Bath & Beyond expects 95% of its retail storefronts to be opened by June 27 and the remaining few by July.

The retailer, in light of the economic impact from COVID-19, has added an $850 million asset-based credit facility to bolster liquidity, according to a Market Watch report.

The financial move is in response to what the retailer called an "unparalleled challenge," according to the report.