© Reuters. FILE PHOTO: Signage is seen at a Bed Bath & Beyond store in Manhattan, New York City, U.S., June 29, 2022. REUTERS/Andrew Kelly
LONDON (Reuters) – Bed Bath & Beyond Inc (NASDAQ:) Frankfurt-listed shares fell 47% on Monday after the U.S. home goods retailer filed for bankruptcy protection.
Bed Bath & Beyond Inc filed for Chapter 11 bankruptcy protection on Sunday after it failed to secure funds to stay afloat, and has begun a liquidation sale.