Bed Bath & Beyond Renews Bankruptcy Talks as Rescue Stalls (1)

Bed Bath & Beyond Inc. is once again laying the groundwork for a bankruptcy filing as its last-ditch efforts to raise cash come up short.

The retailer is holding talks with advisers and lenders ahead of a Chapter 11 filing that could come in the next few weeks, according to people with knowledge of the conversations, who asked not to be named discussing private plans. Bed Bath & Beyond is also looking at financing options to help fund itself during bankruptcy, the people added.

Watch: Bed Bath & Beyond moves closer to bankruptcy.

Source: Bloomberg

The filing could come before an April 26 deadline by which the company sought to ...