A Bed Bath & Beyond bankruptcy could be a boost to these stocks


Bed Bath & Beyond (NASDAQ:BBBY) appears to be on the verge of bankruptcy, with a 10-Q indicating insolvency and subsequent reports indicating a lack of interested buyers for its assets.

According to Bloomberg, Bed Bath & Beyond (BBBY) has been unable to find a buyer to help it avoid bankruptcy, putting a Chapter 11 filing on the table. Shares have dropped more than 20% in a matter of days due to insolvency fears.

Analysts believe that this is not necessarily bad news for the retail industry as a whole. A liquidation is expected to help a number of peers and competitors with staffing shortages and market share.

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