![]() The percentage discount will likely increase as the days tick by as people try to ensure they get at least some value out of the gift cards. At the time of publishing this, Raise has 39 pages of discounted Bed Bath & Beyond gift cards with a maximum of 7% off but many with no discount whatsoever, while CardCash (our affiliate link) has far fewer of their gift cards listed but with a higher discount of 10%-17%. If you’re looking to resell the cards, it’s hard to know what the next two weeks will hold. If you do get lucky with a store that has a somewhat decent amount of stock though, you could make out like a bandit seeing as the liquidation sales will hopefully drop prices much further in addition to using coupons by April 26 and paying with gift cards you bought at a discount or received as a gift from Aunt Maeve 17 Christmases ago. If you’re wanting to redeem them yourself, that could potentially be tricky seeing as they now have fewer stores after closing many of them in recent years, while the stores that are open have far less stock in them than in their glory days. If you’re therefore currently holding any of their gift cards for personal use or reselling, you only have a couple more weeks to redeem and/or resell them. May 24, 2023: Last date returns and exchanges will be processed for products bought before April 23, 2023įor GC Galore readers, it’s likely that middle point that’ll be most pertinent – Bed Bath & Beyond gift cards will no longer be accepted after May 8.May 8, 2023: Last date gift cards will be accepted.April 26, 2023: Last date coupons will be accepted.They’re expecting that all of their remaining stores will close by June 30, 2023, but there’s an accelerated timeline for other factors: While filing for bankruptcy protection doesn’t always mean that a company is in immediate peril, with Bed Bath & Beyond and Buy Buy Baby it does because they’ve simultaneously confirmed that they’re winding down operations for both chains. They’ve confirmed that they’ve filed for Chapter 11 bankruptcy protection. I've just never had to do it.The writing has been on the wall – and on the floor, on the empty shelves and the employees’ faces – for some time, but it’s now official: Bed Bath & Beyond and Buy Buy Baby are closing down. What does a manager do? I'm a senior department level manager and I've still never had to do a till loan cause we've given out too much change or had too many cash returns. Has anyone worked at a store where they've been so low on physical cash? When they've given out too much change. Factor in the same for merchandise credits too. The stores would run out of cash quickly. Not to mention the amount of things people post about online. "My best friend Debra said the Main St location did this for her". Now factor in the word of mouth problem that would ensue. Not to mention the amount of change orders needing to be done to keep the minimum requirement of cash on site. It would be a disaster for us and paying customers with cash needing change back. Anyone with key turn access knows how much we keep in the safe and each registers minimum float. Imagine they cashed them all out at the store level. When the time comes for BBB to file for bankruptcy they'll inform you on what measures they plan to take on compensating customers with gift cards. Tl dr: Just be straightforward and tell them that you can't exchange gift cards for cash. ![]() God knows there is going to people coming at you left and right wanting to talk about the bankruptcy. For all we know BBB might just set up a system to allow customers to use them online. One last thing, don't ever give the impression that their gift cards will definitely be exchanged for cash towards the end of the bankruptcy. Welcome them to continue shopping around the store but tell them that you unfortunately will be unable to assist them with converting their gift cards into cash. Tell them for now the gift are still useful and the company has not filed for bankruptcy so unfortunately there aren't any measures to give monetary compensation for their gift cards. That all said if a customer comes up with a question which is similar in nature. In reality what you most likely will see happen is that BBB will instruct the store on what steps will be taken with the gift cards. This is all of course under a scenario that BBB decides to follow a similar format as my company. Assuming that BBB was to follow the exact same path of filing for chapter 11 bankruptcy as my company (which is highly unlikely) she would be able to file a claim through a website, or something of that nature, to reclaim some of her money. I used to work for a company that also went bankrupt and it wasn't until the final weeks that people were no longer able to use their gift cards. ![]()
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