On April 29, 2023, in Union, N.J., The event of liquidation is being managed by Retail Solutions Group, Capital Tiger, and Merchant Hilco Resources, as Inc. Beyond Bath Bed winds down its operations and files for Chapter 11 bankruptcy. This includes the closure of all 120 buybuy BABY and 360 Bed Bath & Beyond stores nationwide.
Both banners provide discounts spanning from 10 to 30 percent off the lowest listed prices on a diverse range of home, baby, beauty, and wellness items that shoppers can avail themselves of.
Beyond & Bath Bed The offers a wide selection of household goods, including furniture, curtains, decor, and bath and bedding items, with discounts across all categories. In addition, they also provide solutions for organizing and storing personal care items, cleaning tools, small appliances, kitchenware, and cookware.
BABY buybuy provides a one-stop-shop for all your baby needs, including leading brands, from essentials for infants to toddler products. They offer a wide range of toys, safety and health products, diaper solutions, bath products, accessories and clothing, feeding and nursing supplies, car seats and travel gear, activity sets and strollers, play yards and bassinets, as well as nursery furniture and cribs.
A representative from the liquidation event expressed, “We urge customers to seize these fresh markdowns before it becomes too late. Whether commemorating the arrival of a newborn or a recent graduate, or for individuals who take pleasure in culinary arts, horticulture, or interior design, this one-of-a-kind sales occasion presents a variety of options for everyone.” Fresh inventory is being delivered to the stores. Highly popular products from the most coveted labels will be marked down and will quickly run out of stock. This is a chance to save on household goods or replenish baby necessities at reduced prices.
On Wednesday, May 24, 2023, the business will be closing. Items purchased prior to April 2023 will be accepted for exchanges and returns. All sales will be final during this store’s closing event. Rewards and merchandise credits will be honored from May 8, 2023. Additionally, gift cards will still be valid. Selected equipment, furnishings, and fixtures will also be available for sale at the closing locations.
Locations where stores are closing.
Store locations of Bed Bath & Beyond.
Buybuy BABY store outlets.
Regarding Bed Bath & Beyond Inc.
The Company, along with its subsidiaries, is a retailer that offers a wide range of merchandise in various categories such as Wellness and Beauty, Baby, and Home, making it convenient for our customers to feel comfortable at Bed Bath & Beyond. The Company also operates retail stores in Mexico as a joint venture partner under the name Bed Bath & Beyond. In addition, the Company runs websites, buybuybaby.Com and bedbathandbeyond.Com.
Global Hilco, based in Illinois, operates offices in Asia, Mexico, the Netherlands, Germany, the UK, Canada, Australia, and the US, with a team of 700 professionals across five continents. The company works to deliver the best possible results by aligning its interests with those of its clients, providing them with strategic advice and insight in completing deals and capital requirements. With almost four decades of successful track record as a principal and/or investor agent, advisor, Global Hilco acts as a specialized business units holding company, helping companies understand the value of their assets and monetize them. The company delivers customized solutions to enhance long-term enterprise value, resolve complex and stressed situations, and unlock the potential of high undervalued companies. As the world’s preeminent authority on maximizing the value of distressed and healthy assets, Global Hilco is a privately held diversified financial services company. It leverages a unique blend of deep restructuring and advisory experience to maximize the value of companies and assets. Global Hilco also operates as a division of Hilco Global, a merchant resources company. For more information, visit www.Hilcoglobal.Com.
The firm headquartered in Boston operates across five continents with 30 offices. It is a leading market provider of appraisal and disposition services, offering liquidity solutions beyond its clients’ expectations. The firm invests in real estate, machinery, receivables, inventory, and various brands. It also lends capital to clients undergoing long-term and short-term transformations. Annually, the firm conducts appraisals and dispositions worth more than $100 billion. Its primary goal is to mitigate liabilities and provide maximum liquidity by strategically partnering with companies in the industrial, commercial, and retail sectors. Whether it’s a standalone or integrated basis, the firm offers customized solutions to fuel consolidation and growth for its clients, combining powerful expertise in investment and financing with valuations and dispositions services across four areas.
Tiger Group Capital, known for its extensive experience and financial backing of over 40 years, maintains offices in Toronto, Houston, Chicago, Boston, Los Angeles, and New York. The company specializes in efficiently converting capital to assets and providing the necessary capital when required. Their seasoned professionals help identify underlying asset values and monitor risk factors, enabling them to assist clients effectively. Tiger Group offers a unique combination of financial resources, innovation, and expertise, driving results. They provide a wide range of services, including asset valuation, disposition, and advisory, catering to retail, wholesale, and industrial sectors. Learn more about Tiger Group Capital at www.Tigergroup.Com.
Riley B. Solutions Retail, a subsidiary of Riley B. Financial, is a diversified financial services platform that provides end-to-end financial services across a range of sectors. Headquartered in Los Angeles, with personnel affiliated across Australia, Europe, Canada, and internationally, Riley B. Solutions Retail offers tailored solutions to meet the capital and operational needs of its partners, clients, and shareholders. The company specializes in maximizing the value of retail liquidations through its expertise and resources, assisting professional service providers, private equity investors, capital lenders, and companies. As a leading provider of asset disposition services, Riley B. Solutions Retail is known for its expertise in large-scale retail liquidations. (For more information, visit www.Brileyretailsolutions.Com)
According to Hilco Global.