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Puerto Rico

$1b blunder behind giant’s collapse

US retailer Bed Bath & Beyond, seller of everything from shower curtains and soaps to vacuum cleaners and duvet covers, for years was a fixture on the Fortune 500 list of biggest American companies.But after a years-long decline that…

Major retailer files for bankruptcy

One of the world’s best-known homewares chains has made the “difficult decision” to go out of business.After months of struggle and speculation, US retailer Bed Bath & Beyond – which specialises in home textiles, housewares and…