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Aristus

(71,924 posts)

16. I read somewhere once that current banking practices more or less force companies to expand

Reply to BlueWaveNeverEnd (Original post)

Mon Apr 24, 2023, 10:04 AM

Apr 2023

in order to keep their credit rating. Even if it means expanding beyond their means to keep operating. And that leads to the kind of debt that inevitably causes Chapter 11 proceedings.

Anyone know if this is true?

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Bed, Bath & Beyond Plans to Swiftly Liquidate, Shutter ALL Stores [View all] BlueWaveNeverEnd Apr 2023 OP

Their headquarters NJCher Apr 2023 #1

Damn. I liked them. Hekate Apr 2023 #2

They simply were unable to compete against Walmart and Amazon. cstanleytech Apr 2023 #3

Oh, Delphinus Apr 2023 #4

I'll miss them as they had some unique good quality items not available at other stores wishstar Apr 2023 #5

Yes. I liked doing wedding presents there, especially when Ilsa Apr 2023 #11

Amazon Botany Apr 2023 #6

On Amazon you don't get to touch and hold and feel and inspect the real color of towels. royable Apr 2023 #7

Yup, that's my thought as well. Karma13612 Apr 2023 #10

"will put the jobs of thousands of employees -- and their retirement savings and severance pay -- BComplex Apr 2023 #8

This is so important edhopper Apr 2023 #12

This is sad. Their merch always seemed to be consistently of good quality. Liberal In Texas Apr 2023 #9

I went twice in the past year and just didn't understand it... Phentex Apr 2023 #13

"huge section of makeup, cleaning products, garden stuff" yeah, that area was surprising BlueWaveNeverEnd Apr 2023 #17

Makes me sad. Some of my favorite memories involved stopping at BBB Wingus Dingus Apr 2023 #14

The comments, in every news item about this: "Go Woke Go Broke," LeftinOH Apr 2023 #15

I read somewhere once that current banking practices more or less force companies to expand Aristus Apr 2023 #16

I believe it. Xolodno Apr 2023 #19

One of my favorite stores XanaDUer2 Apr 2023 #18