Bed Bath & Beyond Inc. (NasdaqGS:BBBY) has been in talks with prospective buyers and lenders as the struggling retailer tries to keep its business afloat ahead of a likely bankruptcy filing, CNBC reported on January 18, 2023. The company is in the midst of a sale process to find a buyer that would keep business running at both its eponymous store banner and its buybuy Baby chain, the report added, citing people familiar with the matter. The home goods retailer's advisors are also looking for a loan of at least $100 million ahead of a potential bankruptcy filing which could occur in the coming weeks, the report said.

The New York Times reported last week that Bed Bath & Beyond was in talks with Sycamore Partners Management, L.P. for the sale of its assets, including its buybuy Baby stores, as part of a possible bankruptcy process.