Here’s What Bed Bath & Beyond’s Bankruptcy Means for Retail
Bed Bath & Beyond filed for bankruptcy on Sunday, and it suggests a bleak future for brick-and-mortar retailers. New research from investment bank UBS estimates that 50,000 retail stores out of the 940,000 currently operating in the U.S. will close their doors by 2027 (not including gas and food-service stations), Yahoo Finance reported. Related: Bed…