Description: Bed Bath & Beyond announced Wednesday it is working with Hilco Global to get merchandise back on its shelves in the company’s latest effort to stay alive and avoid bankruptcy. The home goods retailer has entered into a vendor consignment program with ReStore Capital, an investment manager under Hilco that provides “creative financing solutions” to struggling companies.
Date: Apr 05, 2023
Questions for discussion:
- Summarize the financial situation facing the firm.
- How is this program with ReStore Capital expected to help the company continue operations?
- Do you think the firm and brand can recover from the current situation?
- Is this an opportunity for investors to jump in?