Your Bed Bath & Beyond Coupons Expire This Week — But Then the Sales Begin
Bed Bath & Beyond is going out of business, and you know what that means. Going-out-of-business sales.
After declaring bankruptcy Sunday, the struggling retail chain will be shutting down 360 Bed Bath & Beyond stores and 120 buybuy BABY stores around the country.
If you have a stash of Bed Bath & Beyond’s popular 20% off coupons, you only have until Tuesday to use them. (You’ve probably received these coupons in the mail, whether you’ve asked for them or not.) Beginning Wednesday, the chain will no longer accept the coupons.
However, that may not matter so much because the chain is promising “deep discounts” at its going-out-of-business sales, which start midweek.
“Store closing sales will start on Wednesday,” Bed Bath & Beyond said in an FAQ for customers. “We encourage you to come shop for your favorite products while merchandise selection is best.”
Reading between the lines, it sounds like the last half of this week is the prime time to hit those clearance sales, before the shelves start to get emptied out. All sales will be final, with no returns.
Answering Customers’ Questions About Bed Bath & Beyond
You have questions, we have answers.
Will They Still Accept Gift Cards?
The home goods chain will stop accepting gift cards May 8.
What About Welcome Rewards Points?
The chain’s customer loyalty program is also coming to an end soon. “We expect customers can redeem Welcome Rewards until May 15, 2023,” the company said. “We are no longer awarding Welcome Rewards on purchases.”
What About Wedding and Baby Registries?
It sounds like registries will be transferred to a competitor. “We expect to partner with an alternative platform where you will be able to transfer your data and complete your registry,” the company said. “We will provide details in the coming days.”
Why Is Bed Bath & Beyond Going Bankrupt?
Bed Bath & Beyond is that store where you always spend more than you planned on scented candles, cool cookware, beauty supplies and bedding. It’s all just so tempting! Before you know it, you’ve got a full shopping cart.
Unfortunately, the home goods retailer has hit rough times in recent years. It’s gone through several rounds of store closings. Business analysts say it faced growing competition from Amazon and Target.
The COVID-19 pandemic hurt the entire retail industry as more people began shopping online. Many of the stores stopped carrying as wide a variety of merchandise as they used to.
Mike Brassfield ([email protected]) is a senior writer at The Penny Hoarder.