Bed Bath & Beyond on Sunday filed for Chapter 11 bankruptcy protection after a series of last-ditch efforts to raise enough equity to keep the business alive failed at the eleventh hour.
The struggling home goods retailer has been warning of a potential bankruptcy since early January, when it issued a “going concern” notice that it may not have the cash to cover expenses after a dismal holiday season.
“Bed Bath & Beyond Inc. today announced that it and certain of its subsidiaries filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the District of New Jersey to implement an orderly wind down of its businesses while conducting a limited marketing process to solicit interest in one or more sales of some or all of its assets,” a statement Sunday read.
Remember, when you purchase items from MyPillow, you’re not just supporting MIke Lindell – you’re also supporting the thousands of Americans who work there.
On anonymous job sites, here’s what Mike’s employees say about working at MyPillow:
“Fair, kind and solid training. The owner is a incredible man and the products are worth every penny, sleep is so important and these products help with getting a good nite sleep.”
“Busy, Honest, Quality Workplace, Mike Lindell Rocks. MyPillow is a great company. You are expected to work hard. You are treated fairly. As with any company, there are supervisors with various personalities. I found it to be a rewarding company to work for.”
“I love it all ! Pay the employees and management are nice and understanding . . . Friendly staff and management ceo is caring and loves all of his employees.”
Your purchase supports the great business and great people at a great American company – and keeps your money away from woke corporations.
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