Last week, Bed Bath and Beyond's debtors canceled an auction of the Buybuy Baby's entire business, including its physical retail stores, after failing to secure a more attractive offer.ĬNBC reported that Go Global, an investment company that owns children's clothing retailer Janie and Jack, was in talks to save Buybuy Baby's physical stores, but the deal fell through when the company could not reach an agreement on a purchase price with Bed Bath & Beyond's lead creditor, Sixth Street Partners.Ī source familiar with the talks told CNN that Go Global's bid wasn't viable. The deal did not include the chain's 120 physical retail stores.

360 Bed Bath & Beyond stores and 120 buybuy Baby brick-and-mortar. On Tuesday, a judge approved the sale of Buybuy Baby's intellectual property for $15.5 million to Dream on Me industries, a New Jersey-based designer and supplier of baby products. Shuttered New Jersey Bed Bath & Beyond Stores May Get a Makeover from.

(CNN) - Buybuy Baby will close all of its stores as part of its parent company Bed Bath & Beyond's ongoing bankruptcy liquidation. Buybuy BABY bankruptcy auction canceled but retailer could live on 00:21

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