Bed Bath & Beyond plans more cost cuts, including an unspecified number of job reductions, as its cash pile and sales continue dwindling
Retailer burned through about $300 million in cash and ended third quarter with about $200 million in cash and equivalents
After years of declining sales, Bed Bath & Beyond is facing an existential crisis. WSJ’s Suzanne Kapner explains why the company has fallen on hard times and looks forward to what’s next for the veteran retailer. Photo Illustration: Laura Kammermann/WSJBed Bath & Beyond Inc.
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