Skip to content

Some Bed Bath & Beyond Suppliers Halt Shipments on Unpaid Bills

  • Credit-insurance firms also back away from covering retailer
  • Company’s shares plunged after Ryan Cohen sold his whole stake
Customers enter a Bed Bath & Beyond store in Redwood City, California.

Customers enter a Bed Bath & Beyond store in Redwood City, California.

Photographer: David Paul Morris/Bloomberg
Updated on

Some Bed Bath & Beyond Inc. suppliers are restricting or halting shipments altogether after the home-goods retailer fell behind on payments, according to people familiar with the matter, complicating the company’s scramble for liquidity. 

Several of the firms that provide credit insurance or short-term financing to vendors have revoked coverage of Bed Bath & Beyond, according to the people, who asked not to be identified discussing private information. The Union, New Jersey-based company didn’t immediately respond to requests for comment.