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Fortune
Fortune
Sheryl Estrada

How Bed Bath & Beyond lost its financial footing—and its most loyal customers

A "Store Closing" banner on a Bed Bath & Beyond store in Farmingdale, New York, US, on Friday, Jan. 6, 2023. Bed Bath & Beyond Inc. called off a proposed debt exchange and said it might not be able to continue as a going concern, bringing another US retail chain to the precipice of bankruptcy. Photographer: Johnny Milano/Bloomberg via Getty Images (Credit: Johnny Milano—Bloomberg/Getty Images)

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