The american chain household items and decoration Bed Bath & Beyond filed for bankruptcy on Sundayafter years of difficulties to cover outstanding debts and finance its operations.
However, and in relation to this situation, news have circulated about the Chapter 11 process about the“Operational and Financial Restructuring of Bed Bath & Beyond in the United States”but the company released a statement on social networks to clarify what will happen to the brand in Mexico, and the Mexican stores.
What will happen to the Bed Bath & Beyond stores in Mexico?
According to the brand, the stores in Mexico are part of an independent legal entity from the United States, which work autonomously in terms of their operations and sales to the public.
Bed Bath & Beyond Mexico has positive operating and financial results with a solid balance sheet and no debt, which is why it will continue to operate normally in Mexico.”
reported on social media.
In this sense, its 12 physical stores, located in the metropolitan area of Mexico City (Interlomas, Santa Fe, Gran Sur, Satélite, Del Valle, Metepec), Cuernavaca, Guadalajara, Monterrey, Morelia, Puebla and Querétaro, will continue to be open. during their normal business hours.
Our online store, which has a 24-hour continuous service, will continue to serve our customers throughout the Mexican Republic as normal.”
remembered the Bed Bath & Beyond Mexico.
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