Bed Bath & Beyond is closing 150 stores and slashing 20% of its corporate staff
Shares of the retailer's stock fell by more than 24% after Bed Bath & Beyond revealed sales across its stores had dropped 25% in the previous quarter.
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Bed Bath & Beyond is closing 150 stores and slashing 20% of its corporate staff
Business Insider
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Bed Bath & Beyond shares plunge 26% as the meme-trader favorite files to sell more stocks and plans to cut up to 20% of staff
Bed Bath & Beyond said it's already starting to close 150 "lower-performing" stores as it keeps working to restructure.
Business Insider