Iowa
4 Iowa stores among nationwide Bed, Bath & Beyond closings
CEDAR RAPIDS, Iowa (KCRG) – On Tuesday, Mattress Bathtub & Past stated will probably be shuttering 150 extra shops within the nation.
The announcement got here after the corporate based mostly stated it had raised about $1 billion by means of choices of most well-liked inventory and warrants to buy the corporate’s widespread inventory. The funds will likely be used to repay its debt, it stated.
In early January, Mattress Bathtub & Past warned that it might must file for chapter. Just a few weeks later, it stated it was in default on its loans and didn’t have enough funds to repay what it owes.
The corporate has launched the total itemizing of the shops to shut. Amongst them are shops in:
- Cedar Rapids
- Coralville
- Davenport
- Sioux Metropolis
You may learn the total listing under:
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