You Only Have 2 More Days to Use Your Bed Bath & Beyond Coupon Stash

What happened

Bed Bath & Beyond has filed for bankruptcy and will be closing down its stores and liquidating its inventory. That could mean that in the coming weeks, the retailer will be offering a host of discounts on a wide range of products. But it also plans to stop accepting its famous 20% off coupons on April 26.

So what

Bed Bath & Beyond took a hit during the pandemic and has never managed to fully recover. The retail giant also struggled to ramp up its online presence, which was another factor leading to its demise. Although Bed Bath & Beyond has filed for Chapter 11 bankruptcy, which is generally a reorganization of assets and debts, it's planning to wind down its retail operations in fairly short order.

Bed Bath & Beyond thanked its loyal customers on its website, saying "We have made the difficult decision to begin winding down our operations. Bed Bath & Beyond and buybuy BABY stores remain open to serve you."

Now what

Bed Bath & Beyond stores will remain open in the near term, but the retailer expects all locations to be shuttered by June 30. Although it will stop accepting 20% off coupons by April 26, customers will have until May 8 to use up any gift cards they have.

Customers may be in line for big sales at Bed Bath & Beyond as the retailer tries to get rid of inventory. But those looking to shop there in the coming weeks should proceed with caution.

For one thing, many consumers are already struggling financially due to factors like inflation. If you already have credit card debt, the last thing you'll want is to add to it, even if it means having to pass up some discounts.

Furthermore, while Bed Bath & Beyond commonly stood behind its products, once the retailer closes down for good, you may be left with little recourse if you buy something you wind up dissatisfied with. In fact, after May 24, all Bed Bath & Beyond sales will be final, so if you're going to make a purchase, consider it carefully. You may want to stick to basic items like bedding and kitchen supplies, and skip the fancier gadgets that might malfunction a few days after you bring them home.

Meanwhile, if you're getting married and are registered at Bed Bath & Beyond, you may want to close your registry and direct your guests elsewhere. You don't want to end up with a pile of gifts with no return policy attached to them.