![]() Customers can use merchandise credits until May 15 and gift cards until May 5. The Welcome Rewards+ store credit card can still be used for now, too. 'Welcome Rewards,' credits, gift cards and coupons: Customers can use their Welcome Rewards until May 15, but new rewards won't be issued for purchases. Returns: Anything purchased before Wednesday, April 26 can still be returned under the company's normal return policy, until May 24. It also says it expects all online orders that have been placed, but not yet received, to be delivered. Online sales: Bed Bath & Beyond says customers can still shop online "at this time" as well as use the Bed Bath & Beyond/buybuy BABY app. Here's some of what that means for customers: If it manages a successful sale, the company said in an announcement Sunday, it'll "pivot away from any store closings needed to implement a transaction." But for now, store closing sales start Wednesday. Now, it says it'll try to sell of some or all of its assets. In its home state of New Jersey alone, Bed Bath & Beyond laid off more than 1,000 workers in late March and early April, shortly before a law that requires companies with 50 or more workers to pay severance during mass layoffs went into effect.įor months, the company has been trying to get infusions of cash through stock offerings, but came up far short of its goals. The company had also already announced it would close its dozens of standalone Harmon stores, and began mass layoffs. Mastercard and the Mastercard Brand Mark are registered trademarks of Mastercard International Incorporated.Bed Bath & Beyond is winding down its business, filing for chapter 11 bankruptcy after months of store closures and layoffs.Įarlier this year, the 52-year-old company announced it would close hundreds of stores, including dozens in New York and New Jersey, leaving its Chelsea store as its only Manhattan location (though the company's store locator page continues to reflect hours for four Manhattan locations, for the moment). Existing Cardholders: see your credit card agreement for Account terms.Ĭredit card offers are subject to credit approval.īed Bath & Beyond® Mastercard® Credit Card Accounts are issued by Comenity Capital Bank pursuant to a license from Mastercard International Incorporated. Minimum interest charge of $2 per Credit Plan in any billing period in which interest is due. Foreign Transaction Fee of 3% of the transaction in US dollars. Cash Advance Fee of the greater of $10 or 5% of the advance. Balance Transfer Fee of the greater of $10 or 5% of the transfer. All APRs will vary with the market based on Prime Rate. As of July 2020, terms for new Accounts: Variable purchase APR of 23.99%, 17.99%, or 13.99%. Each transaction placed on a promotional Credit Plan(s) will not earn reward(s). If the single transaction has multiple shipments, each shipment may result in a separate Credit Plan, subject to a separate minimum purchase requirement and minimum interest charge. You may have to pay more than the minimum payment to avoid accrued interest charges. Minimum payments are NOT guaranteed to pay the promotional plan balance within the promotional period. Minimum payments are required for each Credit Plan as disclosed in your Credit Card Agreement. Interest will be charged to your Account from the purchase date if the promotional plan balance is not paid in full within the promotional period. 12 MONTHS DEFERRED INTEREST, PAYMENT REQUIRED: No Interest if paid in full within 12 months.
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