Best Buy (BBY) has a fairly unique story in the retail world. The electronics chain appeared to be on its way toward bankruptcy when it made the unconventional choice to hire Hubert Joly — an ex...
Tag: Bed
Bed Bath & Beyond merchandise problems could cripple turnaround plan
A person exits a Bed Bath & Beyond store in New York City, June 29, 2022. Andrew Kelly | Reuters Bed Bath & Beyond is betting on a drastic change in strategy and well-recognized brands to revi...
Here are some of the Bed Bath & Beyond stores slated to close soon
Struggling Bed Bath & Beyond Inc. has released a list of dozens of stores it aims to close. The home-goods retailer BBBY, +0.34% and most recent “meme stock” has been reducing the number of its st...
Bed Bath & Beyond’s biggest problem, according to Goldman’s top retail analyst
Goldman Sachs analyst Kate McShane is sticking with her $2 price target on struggling home goods retailer Bed Bath & Beyond (BBBY), which assumes a 75% crash in the stock from current levels. McSh...
A timeline leading up to the death of Bed Bath & Beyond’s CFO
Good morning, Bed Bath & Beyond Inc., ranked no. 381 on the Fortune 500, is in the midst of meme stock mayhem, dire financial straits, executive upheaval, controversy, and tragedy. Over the Labor ...
Bed Bath & Beyond CFO who leapt to his death from New York skyscraper faced ‘pump and dump’ allegation just days earlier
Gustavo Arnal, the CFO of Bed Bath & Beyond who leapt to his death from a Manhattan skyscraper last week, had faced a “pump and dump” allegation less than two weeks earlier. On Friday Arnal fell t...
Bed Bath & Beyond CFO Died by Suicide amid ‘Pump and Dump’ Probe, BBBY Stock Down 15%
The shares of Bed Bath & Beyond have been considered a meme stock in the past year, and the company said it was selling some of its stock last month to finance some of its core operations. Last Fr...
How Bed Bath & Beyond got itself in such a deep financial hole
We’ve heard a lot recently about how the troubled Bed Bath & Beyond retail chain plans to solve its financial problems by changing its merchandising to include more national brands, taking out exp...
Bed Bath & Beyond Shares Down 18% After CFO Dies By Suicide
Topline Shares of struggling retailer Bed Bath & Beyond traded sharply lower on Tuesday following the death of chief financial officer Gustavo Arnal over the weekend, which was later ruled as a su...
Bed Bath & Beyond picks interim CFO after Gustavo Arnal suicide
Shoppers exit a Bed Bath & Beyond store in New York. Michael Nagle | Bloomberg | Getty Images Bed Bath & Beyond on Tuesday said it tapped its chief accounting officer, Laura Crossen, as interi...
Bed Bath & Beyond CFO commits suicide
Bed Bath & Beyond Inc (NASDAQ: BBBY) is down roughly 15% this morning after its CFO “Gustavo Arnal” committed suicide over the weekend. Laura Crossen to serve as interim finance chief Arnal joined...
Bed Bath & Beyond shares decline after CFO’s suicide
A pedestrian walks by a Bed Bath and Beyond store in San Francisco, California. Justin Sullivan | Getty Images Shares of Bed Bath & Beyond were down Tuesday after the struggling retailer’s c...
Bed Bath & Beyond CFO Gustavo Arnal died by suicide
Signage outside a Bed Bath & Beyond retail store in New York, Aug. 25, 2022. Gabby Jones | Bloomberg | Getty Images Bed Bath & Beyond on Sunday said its chief financial officer, Gustavo Arnal,...
Alibaba, FedEx, Bed Bath & Beyond and more
FedEx trucks at Indianapolis International Airport in Indianapolis, Indiana. Kaiti Sullivan | Bloomberg | Getty Images Check out the companies making the biggest moves midday Tuesday: Illumina — Share...
Bed Bath, Dropbox, Transocean and more
Check out the companies making headlines in premarket trading. Bed Bath & Beyond — The beleaguered home goods retailer dropped another 14.1%, adding to several straight days of losses. The latest ...
Bed Bath & Beyond CFO accused of “pump and dump” scheme before falling to his death from NYC skyscraper
A Bed Bath & Beyond executive who plunged to his death on Friday stood accused in a lawsuit—along with activist investor Ryan Cohen—of participating in a “pump and dump” scheme to artificially inf...
Bed Bath & Beyond Finance Chief Gustavo Arnal Found Dead
By Ginger Adams Otis and Ryan Felton Updated Sept. 4, 2022 7:00 pm ET Listen to article (2 minutes) Bed Bath & Beyond Chief Financial Officer Gustavo Arnal was found dead Friday after falling from...
Bed Bath & Beyond confirms death of CFO Gustavo Arnal. He fell 18 floors from NYC’s ‘Jenga’ skyscraper
In more bad news for Bed Bath & Beyond, its CFO, Gustavo Arnal, has been identified as the man who plunged to his death from New York’s “Jenga Building” on Friday, the New York Post reported on Su...
Bed Bath & Beyond CFO Dies After Falling From New York Skyscraper
Topline Bed Bath & Beyond CFO Gustavo Arnal died Friday after falling from a skyscraper in New York’s Tribeca neighborhood, local police and the home goods giant confirmed Sunday, as the company g...
Bed Bath & Beyond CFO Identified as Man Who Plunged to Death
(Bloomberg) — A man who fell to his death from a skyscraper in Manhattan’s Tribeca neighborhood on Friday has been identified as Bed Bath & Beyond Inc. Chief Financial Officer Gustavo Arnal....
Horrible News for Bed, Bath & Beyond
Things are not looking up for Bed, Bath & Beyond (BBBY) . While the home good retailer is struggling not to disappear, tragedy has struck: its Chief Financial Officer (CFO) had allegedly just co...
Bed Bath & Beyond’s turnaround plan is ‘too little too late’ to avoid bankruptcy, expert says
Bed Bath & Beyond (BBBY) unveiled its turnaround strategy this week, but it likely won’t be enough to save the company, according to a restructuring expert. “I’ve been in this business for 3...
Here is why Bed Bath & Beyond shares are down 20%
Bed Bath & Beyond Inc (NASDAQ: BBBY) shares dropped 20% after the home products retailer announced plans to slash 20% of its supply chain and corporate staff but reiterated that it would not sell ...
Bed Bath & Beyond’s biggest problem going forward
Bed Bath & Beyond is a smoldering pile of garbage, experts say, and the struggling retailer’s existential future hangs in the balance. The big question has become: Will Bed Bath & Beyond...
Nvidia, Okta, Five Below, Bed Bath & Beyond and more
A Nvidia logo is seen on the company’s building at an industry park on February 7, 2019 in Tianjin, China. VCG | Visual China Group | Getty Images Check out the companies making headlines in mid...
Bed Bath & Beyond is a mess right now, source says
Bed Bath & Beyond may want to bus some of those 65% off private label towels it’s currently selling to its New Jersey headquarters because there appears to be a mess in need of a cleanup. &#...
BBBY Shares Experience Bloodbath as Bed Bath & Beyond Reveals Plans to Sell Its Stocks
While the overall outlook of the firm was further dampened with star investor Ryan Cohen offloading a huge chunk of his stake in the company, Bed Bath is committed to winning back the confidence of it...
Bed Bath & Beyond announces store closures, layoffs and new financing to fix struggling business
A Bed Bath & Beyond store is seen on June 29, 2022 in Miami, Florida. Joe Raedle | Getty Images News | Getty Images Bed Bath & Beyond on Wednesday announced swift and significant steps it is t...
Bed Bath & Beyond stock tanks after cutting staff, closing stores, and floating share sale
Bed Bath & Beyond (BBBY) stock is getting smoked early Wednesday as investors get more clarity on the mess facing the struggling retailer. On Wednesday morning, in an SEC filing and a press releas...
Bed Bath & Beyond Tanks Nearly 30% As It Announces Layoffs And Store Closures
Topline Bed Bath & Beyond’s stock fell 28.7% to $8.64 in premarket trading Wednesday after the struggling home retailer unveiled several initiatives to turn around the business, as the rollercoast...
Bed Bath & Beyond Faces ‘Critical Months Ahead’ As Retailer Prepares To Give Strategic Update On Turnaround Plans
Topline Shares of meme-stock favorite Bed Bath & Beyond, which have swung wildly in recent weeks, initially jumped before moving lower on Tuesday, a day before the struggling retailer will provide...