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Shoppers stand outside a Bed Bath & Beyond store in New Jersey. Julio Cortez/AP hide caption

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Julio Cortez/AP

Bed Bath & the great Beyond: How the home goods giant went bankrupt

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Bed Bath & Beyond has lost shoppers and money after a series of ineffective or mistimed turnaround attempts. It has also exhausted numerous financial lifelines. Shown here is a Bed Bath & Beyond store in Westbury, New York. Bruce Bennett/Getty Images hide caption

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Bruce Bennett/Getty Images

Bed Bath & Beyond is working on yet another turnaround after a series of crises and missteps. Bruce Bennett/Getty Images hide caption

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Bruce Bennett/Getty Images

Will Bed Bath & Beyond sink like Sears or rise like Best Buy?

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Though Bed Bath & Beyond got a boost early in the pandemic when many people were spending more time at home, the gains didn't last, and earnings have continued to drop. Michael M. Santiago/Getty Images hide caption

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Michael M. Santiago/Getty Images