What Happened to Bed Bath & Beyond?
The original Bed Bath & Beyond retail chain filed for Chapter 11 bankruptcy in April 2023 and subsequently liquidated all its physical stores. Its intellectual property and brand name were acquired by Overstock.com in June 2023, which then rebranded itself as Beyond, Inc. in November 2023 to operate the Bed Bath & Beyond online store and other home-focused brands. As of early 2026, the company, now publicly reporting as Bed Bath & Beyond Inc. (NYSE:BBBY), is focusing on an 'Everything Home' ecosystem, aiming for revenue growth after narrowing losses in 2025.
Quick Answer
The original Bed Bath & Beyond ceased operations after filing for Chapter 11 bankruptcy in April 2023, closing all its stores by July 2023. Its brand and intellectual property were purchased by Overstock.com, which subsequently rebranded as Beyond, Inc. in November 2023, and now operates the Bed Bath & Beyond online store. The company, currently reporting as Bed Bath & Beyond Inc. (NYSE:BBBY), is working towards profitability and expects low to mid-single-digit revenue growth in 2026, focusing on an 'Everything Home' strategy and exploring new, smaller physical store formats through partnerships.
📊Key Facts
📅Complete Timeline14 events
Initial Store Closures Announced
Bed Bath & Beyond began announcing plans to close approximately 40 stores as part of a restructuring effort to address declining sales.
Plans to Close 200+ Stores
The company announced plans to close over 200 stores, about 21% of its fleet, over two years, citing the impact of the COVID-19 pandemic.
Major Restructuring and Store Closures
Bed Bath & Beyond announced it would close approximately 150 namesake stores and reduce its workforce by 20% in a bid to turn around its business.
Bankruptcy Warning and Further Closures
The retailer warned it might file for bankruptcy, citing 'substantial doubt' about its ability to continue. It also announced the closure of 62 more stores and its credit lines were cut.
Files for Chapter 11 Bankruptcy
Bed Bath & Beyond Inc. filed for Chapter 11 bankruptcy protection, initiating the liquidation of all its remaining 360 Bed Bath & Beyond and 120 Buy Buy Baby stores.
Delisted from Nasdaq
Trading in Bed Bath & Beyond's common stock was suspended, and the company was delisted from the Nasdaq Stock Market due to its bankruptcy filing.
Overstock.com Acquires IP
Overstock.com completed its $21.5 million acquisition of Bed Bath & Beyond's intellectual property, including its brand name, website, and customer data.
Last Original Stores Close
All remaining physical Bed Bath & Beyond stores completed their liquidation sales and permanently closed their doors.
Bed Bath & Beyond Relaunches Online (by Overstock)
Overstock.com relaunched the Bed Bath & Beyond e-commerce website in the United States, effectively transforming its own online business under the acquired brand.
Overstock Rebrands to Beyond, Inc.
Overstock.com, Inc. officially changed its corporate name to Beyond, Inc. and began trading on the NYSE under the new ticker symbol BYON, to reflect its broader home-focused brand portfolio.
Overstock.com Brand Relaunched
Beyond, Inc. relaunched the standalone Overstock.com website, aiming to offer 'crazy good deals' and leverage both the Bed Bath & Beyond and Overstock brands.
Partnerships for New Physical Stores
Beyond Inc. announced partnerships with The Container Store and Kirkland's, with plans to open smaller-format Bed Bath & Beyond physical stores starting in 2025.
Acquisition of Kirkland's Home IP
Bed Bath & Beyond Inc. (the parent company) acquired the Kirkland's Home trade name and related brand assets for $10 million, accelerating plans to convert former Kirkland's Home stores into Bed Bath & Beyond Home locations.
Q4 FY2025 Earnings Report and 2026 Outlook
Bed Bath & Beyond Inc. (NYSE:BBBY) reported Q4 FY2025 results, showing narrowed losses and targeting low to mid-single-digit revenue growth for 2026, focusing on an 'Everything Home' ecosystem.
🔍Deep Dive Analysis
Bed Bath & Beyond, once a prominent big-box retailer for home goods, faced a prolonged period of declining sales and financial distress, exacerbated by a slow pivot to e-commerce and challenges with private label brands. The company began announcing significant store closures in 2019 and continued through 2022, cutting hundreds of locations and reducing its workforce in an attempt to stabilize its business. Despite various efforts, including a last-ditch financing deal, the company ultimately failed to secure sufficient capital.
On April 23, 2023, Bed Bath & Beyond Inc. filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of New Jersey, listing assets of approximately $1 billion against liabilities closer to $10 billion. This move initiated the liquidation of all its remaining 360 Bed Bath & Beyond stores and 120 Buy Buy Baby stores. The company's stock was subsequently delisted from Nasdaq on May 3, 2023.
In June 2023, online retailer Overstock.com won the auction for Bed Bath & Beyond's intellectual property, including its brand name, website, domain names, and customer data, with a bid of $21.5 million. The acquisition was finalized on June 28, 2023. Following this, Overstock.com quickly relaunched the Bed Bath & Beyond website in Canada in June 2023 and in the U.S. in August 2023, effectively transforming its own business under the more recognized Bed Bath & Beyond brand. The original Bed Bath & Beyond physical stores completed their liquidation sales and closed their doors permanently by July 30, 2023. The Buy Buy Baby brand was sold separately to Dream On Me Inc. for $15.5 million.
To reflect its new identity and broader portfolio of home-focused brands, Overstock.com, Inc. officially changed its corporate name to Beyond, Inc. on November 6, 2023, and began trading on the NYSE under the ticker symbol BYON. However, recent financial reports in early 2026 refer to the company as Bed Bath & Beyond Inc. (NYSE:BBBY), indicating a potential re-rebranding or a public-facing name for the consolidated entity.
As of March 1, 2026, Bed Bath & Beyond Inc. (formerly Beyond, Inc.) is actively pursuing a strategy to become an 'Everything Home' company. The company reported its Q4 FY2025 (ending December 31, 2025) results in February 2026, showing a net revenue of $273 million, a 9.8% decrease year-over-year, but a significant narrowing of its net loss to $21 million from $81 million in the prior year. For the full year 2025, net revenue was $1.0 billion, a 25.1% decrease year-over-year, with a net loss of $85 million. The company is prioritizing margin integrity and cost management, and expects revenue trends to continue improving in 2026, targeting low to mid-single-digit top-line growth. Strategic initiatives include improving conversion rates, increasing average order value, and enhancing retention efforts. The company has also relaunched the Overstock.com brand in March 2024 to offer discounted deals and acquired Kirkland's Home IP in September 2025, with plans to convert former Kirkland's Home stores into smaller Bed Bath & Beyond physical locations, aiming for a return to brick-and-mortar retail in 2025 and beyond.