By Ryan Yousefi
Say farewell to all 115 Buy Buy Baby’s nationwide stores, including Coral Springs, as a last-minute attempt to rescue the chain and sustain its operations crumbled.
According to a report by CNBC, Buy Buy Baby, a retail chain that specializes in baby products, is facing the dreaded fate of being the latest box store to close doors nationwide after the Bed Bath & Beyond chain failed to reach a valuation deal, opting rather to liquidate its assets and file bankruptcy.
The news of Buy Buy Baby nationwide closures means the Coral Springs location at 2035 North University Drive will soon wave goodbye.
The closure of the Coral Springs Buy Buy Baby location will undoubtedly impact those who relied on the chain for a wide range of baby products, particularly following the 2018 closure of all Toys ‘R’ Us and Baby ‘R’ Us South Florida locations.
As the closure process unfolds, customers will have to explore alternative options to fulfill their baby product needs, with Carter’s and The Children’s Place located inside the Coral Square Mall, representing some of the final physical store options specializing in baby clothing.
CNBC reports the company behind the children’s apparel company Janie and Jack expressed interest in acquiring Buy Buy Baby and continuing its operations. Still, a disagreement over valuation prevented them from reaching an agreement with the lead creditor of Bed Bath & Beyond, Sixth Street Partners.
Rather than look for another suitor, investors behind Buy Buy Baby have opted to sell the store’s intellectual property, auction off its leases, and proceed with liquidation sales.
- Ryan Yousefi has lived in Coral Springs for over 30 years. He has worked as a writer for multiple outlets over the years, including the Miami New Times where he has covered sports and culture since 2013. He holds a Bachelor’s Degree and a Master’s Degree in Business Healthcare Management from Western Governors University.
- Crime & SafetyDecember 1, 2023Coral Springs Police Issue Urgent Warning In Response to Rising Check Theft
- Crime & SafetyNovember 30, 2023Man Caught on Surveillance Masturbating Outside Coral Springs Business Plaza
- EventsNovember 30, 2023Celebrate Chanukah with Family Fun in Coral Springs
- EventsNovember 30, 2023The Walk of Coral Springs Annual Toys for Tots Drive Part of Local 10’s Big Bus Toy Express