Bed Bath & Beyond, Party City, JCPenney, and more: The biggest retail bankruptcies of the past 15 years
Dozens of retailers have filed for bankruptcy over the past 15 years, and some have liquidated all their stores.Bed Bath & Beyond, Party City, Neiman Marcus, and Brooks Brothers are among the many retail companies that have filed for bankruptcy over the past 15 years.
Some retailers emerged from bankruptcy with smaller physical footprints, while others ended up liquidating. Bed Bath & Beyond Bed Bath & Beyond said it would begin liquidation sales at its stores in April 2023 after filing for bankruptcy.on April 23, 2023. The home goods retailer had been limping along for months, closing hundreds of its namesake stores, exiting the Canadian market, winding down its Harmon health and beauty chain, and failing to raise the money it needed to continue operating.
It said in April 2023 that it would hold liquidation sales at its remaining 360 Bed Bath & Beyond stores and 120 Buybuy Baby locations.Howard Schnapp/Newsday RM via Getty Images The off-price home goods store filed for Chapter 11 bankruptcy in February 2023 and said it planned to close 265 US stores and reorganize. The retailer also
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