Bed Bath & Beyond, the pioneering home goods retailer, appears to be heading for bankruptcy. But you wouldn’t necessarily know it from visiting its flagship store in New York’s Chelsea neighbourhood – or by looking at its share price this week.
Last year Bed Bath & Beyond was one of the so-called “meme stocks”, including Gamestop, an ailing video games retailer, and cinema chain AMC, whose share prices were driven to dizzying heights by a new generation of online traders.
