Bed Bath & Beyond

And now the details. Bed Bath and Beyond customers are scrambling to use coupons and redeem gift cards in light of the company's filing for bankruptcy protection. Action News Cons Hi, Nindia. Hi, Rick. Bed Bath and Beyond closed dozens of locations in the last year, many of them in the Tri-State area. The company now says it will liquidate its remaining stores and customers we talked today are heartbroken. I'm upset that the store is closing one of my favorite stores to go to. Hopefully they don't. They're still in negotiations. Bed Bath and Beyond will begin going out of business sales on Wednesday this week. But if you're planning to shop for bargains, be aware. Inventory on many items is already low. Something in particular I wanted, the shelves are empty. They have none left. The company says 360 Bed Bath and Beyond stores and 120 Buy By Baby stores will remain open for now as the company winds down its business and tries to find a buyer. It also says all in-stock online orders will be fulfilled. I think from a cons Stores will stop accepting coupons on Wednesday. Gift cards and certificates are good through May 8th. Especially with a lot of changes in the retail industry, it's better to use these before it's too late. The retail giant in business since 1971 was slow to transition to online shopping, while Amazon, Walmart and Target have grown. And its Chapter 11 filing comes just days after David's Bridal filed for bankruptcy protection for a second time. Unfortunately, I think between changing customer tastes and just the overall economic climate, in recent months we have started to see customers pull back. Big Bath and Beyond customers should also be aware that items purchased before Wednesday can be returned or exchanged until May 24th. Anything you buy on Wednesday or later is a final sale. As for wedding and baby registries, the company says they are safe and plans to add an alternative platform and will email customers about those plans in the coming days. The company says it will stop some of the store closings if a buyer steps in. The company currently employs about 14,000 workers that's down from 32,000 last year. Live in Cherry Hill, I'm Nitya Hahn, Channel 6 Action News. Sorry, back to you. Alright, Nitya, thank you.