BOSTON – It was a tough year for many businesses in Massachusetts and around the country in 2023. Companies faced a number of issues including high costs, supply shortages and growing competition. There were several big names that filed for bankruptcy this year. While some companies ended up closing their doors for good, others used the process to shed debt and cut costs through reorganization in order to keep stores open. Bed Bath & Beyond Bed Bath & Beyond had 17 stores open in Massachusetts at the start of 2023. But in a long journey that had a final demise this year, the everything-store filed for bankruptcy in April. It closed its final 360 stores nationwide and also 120 buybuy BABYs
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