Bed Bath & Beyond's roller-coaster ride to potential bankruptcy 

[1/2] Signage is seen at a Bed Bath & Beyond store in Manhattan, New York City, U.S., June 29, 2022. REUTERS/Andrew Kelly/File Photo/File Photo

Feb 10 (Reuters) - Bed Bath & Beyond Inc (BBBY.O) has managed to stay afloat for now after raising cash to fund its operations.

The company, which was on the verge of filing for bankruptcy, found temporary relief on Tuesday after it raised about $225 million in an equity offering and said it might get another $800 million over the next 10 months.

The home goods retailer will, however, wind down its operations in Canada, a court filing posted on the website of consultancy Alvarez & Marsal showed on Friday.

Here's a look at some of the major developments at the retailer over the past year:

Reporting by Uday Sampath and Granth Vanaik in Bengaluru; Editing by Shailesh Kuber, Shinjini Ganguli and Subhranshu Sahu

Our Standards: The Thomson Reuters Trust Principles.

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