If you're one of the thousands of expecting parents with a buybuy BABY registry, fear not. We're here to help you navigate the complexities of their bankruptcy and help you understand what this means for you while better understanding what steps you can take to ensure you're still prepared for parenthood. Here's everything you need to know about buybuy BABY going out of business.
To catch you up to speed, buybuy BABY's parent company, Bed Bath & Beyond Inc., filed voluntary chapter 11 petitions, citing the press release from Cision distribution by PR Newswire. Customers and parents-to-be received an email Sunday telling them that stores have begun winding down operations.
According to the FAQ page on the company's website, buybuy BABY says your baby registry data is safe. However, you can no longer buy registry items, but you can still see your registry. The company says it plans to partner with "an alternative platform" so you can transfer your data to complete your registry. But until that information is available, now is an excellent time to move any remaining items to another baby registry site, and Poppylist is here to support you in making a seamless transition.
The good news? If your friends or family purchased items online in the last few days, buybuy BABY will still fulfill and deliver all in-stock orders.
The bad news? It's unclear what they'll do if an item was purchased and is out of stock. Additionally, customers are still waiting to learn more about what to do with an unused registry completion discount. Still, your best bet is to redeem that coupon and any others before April 26.
If you have a buybuy BABY registry, we would be honored to help you transfer your existing baby registry for free to Poppylist. Please click here to submit your information, and our team will contact you within 24 hours.
Yes. On Sunday, April 23, Bed Bath & Beyond Inc. announced that it would soon shutter its 360 Bed Bath & Beyond stores and 120 buybuy BABY locations. A liquidation sale will start at all locations on Wednesday, April 26, and run for as long as the inventory lasts.
The company expects to process returns and exchanges until May 24 for any items purchased before April 23. All stores will close by June 30, according to the bankruptcy paperwork.
Chapter 11 bankruptcy is a type of bankruptcy that allows a business to reorganize its debts and operations while continuing to operate. In other words, the company remains in control and continues to operate while it works to restructure its finances.
Under Chapter 11 bankruptcy, the business typically files a plan with the bankruptcy court that outlines how it will restructure its debts, operations, and finances. This plan may involve negotiating with creditors to reduce or restructure debts, sell assets, or improve the company's financial situation.
Poppylist is a simplified baby registry platform offering convenience and control to expecting parents. In addition:
For more information about a Poppylist baby registry, please visit our FAQ page.