Bed Bath & Beyond makes desperate move while teetering toward bankruptcy: Source

Bed Bath & Beyond makes desperate move while teetering toward bankruptcy: Source

Bed Bath & Beyond is cleaving off an arm in an effort to conserve cash in what could be its final hours.

A source told Yahoo Finance the company informed workers on Thursday that all of its Harmon brand stores would be closed as the embattled retailer continues on its downward trend.

Harmon — which mostly focuses on the sale of beauty products — operated about 52 stores in six states, according to the company’s most recent annual report. A store employee at at NYC location told Yahoo…


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