CNN —America’s leading specialty baby products retailer will shutter its 120 stores, a consequence of parent company Bed Bath & Beyond’s bankruptcy filing on Sunday.
“The buybuy BABY business is the one part of the operation that will probably attract interest from buyers,” Saunders said.
Bed Bath & Beyond placed some hope in buybuy BABY while it struggled to survive.
He joined Bed Bath & Beyond in 2019 from Target, where he was in charge of expanding its private label brands.
In its bankruptcy filing, Bed Bath & Beyond said it had $5.2 billion in debt and assets of just $4.4 billion.
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