Short Answer: Use your gift cards before it’s too late!
Bed, Bath, & Beyond and buybuy Baby gift cards are one of the most popular gifts in Canada. However, both stores have just announced that it will be closing all 65 locations in Canada. Christmas has just passed, and wedding season is just around the corner. You might find yourself stuck with a lot of useless gift cards if you don’t act quick!
What happens to my gift card when Bed, Bath and Beyond and buybuy Baby closes?
Each province in Canada has their own set of Gift Card rules. In Manitoba, gift cards are supposed to never expire. However, if you have a gift card for a business that has closed, your options are limited. According to the Government of Manitoba’s Consumer Protection office, if a retail business is closed because of financial difficulties or bankruptcy, then the court will decide whether – and for how long – to accept gift cards.
According to the BBB, if you miss the deadline to redeem a gift card, you can file a claim for the value of the card. However, these claims are processed by the companies major creditors and may never come.
Can I get a refund if I just recently purchased a Bed, Bath and Beyond or buybuy Baby gift card?
No, gift card purchases are completely non-refundable. Use them as soon as you can! If you had purchased them as a future wedding or baby gift, then you’ll want to use up the gift cards and purchase a physical gift instead.
When will Bed, Bath and Beyond and buybuy Baby stop accepting gift cards?
They will stop accepting gift cards on March 8, 2023.
