Overstock bought Bed Bath & Beyond's intellectual property in bankruptcy court. Overstock CEO Jonathan Johnson said the company wanted Bed Bath & Beyond's name recognition.
The retailer, which also owns the BuyBuy Baby chain, has lost shoppers and money after a series of ineffective or mistimed turnarounds. It plans to close stores.
The retailer once triumphed over rivals as a "category killer" with its blue coupons. Now, it's become rudderless, turbulent and broke. Here's what happened.
The struggling retailer says it's exploring all options, including restructuring and filing for bankruptcy relief.
The company has been on a rollercoaster of crises, including a meme-stock rise and crash. Its latest financial report comes Thursday.
Executive vice president and CFO Gustavo Arnal died on Friday. His death came shortly after the home retailer announced layoffs and store closures.
The home goods giant struggled to overhaul its supply chain and convince customers to buy its new, private label merchandise that replaced popular national brands.