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Meme stocks are back as investors buy shares of beaten-down companies such as Yellow and Tupperware
Read full article: Meme stocks are back as investors buy shares of beaten-down companies such as Yellow and TupperwareA new class of meme stocks has sprung up during the stock market’s surprise recent rally, raising concerns about investors’ willingness to take on bigger risks amid a still uncertain economy.
Container Store, Big Lots to honor Bed Bath & Beyond coupons
Read full article: Container Store, Big Lots to honor Bed Bath & Beyond couponsAfter Bed Bath & Beyond announced Chapter 11 bankruptcy on April 23, the company has started the process of "an orderly wind down" of operations in all 360 stores across the United States.
Struggling Bed Bath & Beyond files for bankruptcy protection
Read full article: Struggling Bed Bath & Beyond files for bankruptcy protectionBed Bath & Beyond — one of the original big box retailers known for its seemingly endless offerings of sheets, towels and kitchen gadgets — filed for bankruptcy protection, following years of dismal sales and losses and numerous failed turnaround plans.
Bed Bath & Beyond to close nearly 150 stores nationwide, including 2 in Houston-area, report says
Read full article: Bed Bath & Beyond to close nearly 150 stores nationwide, including 2 in Houston-area, report saysBed Bath & Beyond has unveiled its list of nearly 150 stores that will shutter by the end of this year.
Bed Bath & Beyond 3Q results miss Street as sales slide 33%
Read full article: Bed Bath & Beyond 3Q results miss Street as sales slide 33%Bed Bath & Beyond’s fiscal third-quarter sales fell by a third as the home goods company struggles to strike the right balance with its shoppers, a sign of its worsening outlook.
Bed Bath & Beyond names interim CFO, but struggles remain
Read full article: Bed Bath & Beyond names interim CFO, but struggles remainBed Bath & Beyond has named Chief Accounting Officer Laura Crossen as interim chief financial officer to replace Gustavo Arnal, whose death late last week adds to a cloud of financial uncertainty for the company and further complicates its plans for a turnaround.
Bed Bath & Beyond CFO falls to death days after company announces massive closures and layoffs, NBC News reports
Read full article: Bed Bath & Beyond CFO falls to death days after company announces massive closures and layoffs, NBC News reportsA Bed Bath & Beyond executive is dead following a fall from the downtown Manhattan luxury skyscraper where he lived, the retail giant and police have confirmed.
‘Dirty stores, disengaged store associates’: Bed Bath & Beyond’s big dilemma and what could happen next
Read full article: ‘Dirty stores, disengaged store associates’: Bed Bath & Beyond’s big dilemma and what could happen nextShares in Bed Bath & Beyond, a company that was plunged into the volatile world of meme-stock trading this year, fell approximately 41% Friday, days after its share price had more than doubled.
Bed Bath & Beyond tumbles after influential investor exits
Read full article: Bed Bath & Beyond tumbles after influential investor exitsThe newest meme stock on Wall Street, Bed Bath & Beyond, has tumbled even further in after-hours trading after a high-profile activist investor confirmed that he’s bailed out of the stock.
Bed Bath & Beyond closing stores, cruises prepare to sail
Read full article: Bed Bath & Beyond closing stores, cruises prepare to sail________________________RETAIL: Bed Bath & Beyond plans to close about 200 stores over the next two years as its sales slid in the first quarter. The Buckle is seeing improving sales as more of its stores reopen. The sporting goods retailer's same-store sales dropped 28.2% in the first half of the second quarter with stores shuttered, according to preliminary data. However, the metric climbed 15.5% in the second half of the quarter as stores began reopening. Greek authorities say they are ready to reimpose public and travel restrictions next week, warning that safety guidance for COVID-19 is being frequently ignored.
Businesses in survival mode raise cash; commodities take off
Read full article: Businesses in survival mode raise cash; commodities take offThis artist rendering released by Live Nation shows the set up for Live Nation's Live from the Drive-In, concert series taking place July 10-12. The Fed is using its tools to help, but most of the cash is being raised in the private sector. American Airlines will try to raise $3.5 billion to offset the cash its burning through with airports still largely empty. TripAdvisor said Monday that it had $693 million of cash and cash equivalents at the end of last month, down $105 million from the end of March. Two commodities monitored closely because they can indicate activity in construction copper and lumber are up 10% and 15% over the past month, respectively.
Bed Bath & Beyond to close 40 stores this year, including 3 in Houston
Read full article: Bed Bath & Beyond to close 40 stores this year, including 3 in HoustonHOUSTON – Home retailer Bed Bath & Beyond announced Wednesday that it plans to close 40 stores during the first half of 2020, including three in the Houston area. Two locations on Highway 6, and one in Meyerland are on the closure list for this year. According to spokesperson Jessica Joyce, the company cited low sales during Thanksgiving, and the shorter holiday shopping season compared to 2018. They also cited a nine percent decrease in sales from 2018. Here are the list of Houston-area stores set to close this year:West Oaks Shopping Center, 2306 S. Highway 6, Houston700 Meyerland Plaza, Houston6675 Highway 6 North