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One of Bed Bath & Beyond's (BBBY) major competitors, Linens 'n Things, seems to have come to the end of the road. The WSJ said that the company is expected to file for bankruptcy protection by Tuesday.

Two years ago, the company was part of a private equity buyout from Apollo Management, which has filed to go public (or as DealBook calls it, an Un-IPO). Bed Bath & Beyond is down a bit this morning but I don't see how a competitors' bankruptcy can be all that bad.

Posted by edelfenbein at April 11, 2008 10:03 AM