Just posted today:
https://amp.cnn.com/cnn/2023/02/07/business/bed-bath-and-beyond-more-closures/index.html
8 replies (most recent on top)
https://thehill.com/homenews/nexstar_media_wire/3848224-bed-bath-beyond-to-close-another-150-stores-as-struggles-continue/
(NEXSTAR) – Just a week after announcing it would close 87 locations (which came just a couple of weeks after sharing a list of more than five dozen other stores set to close), Bed Bath & Beyond has announced it will shutter 150 additional stores as it tries to stay afloat.
The New Jersey-based company said this week that it had raised about $1 billion through offerings of preferred stock and warrants to purchase the company’s common stock. The funds will be used to pay off its debt, it said.
@nva. This newly announced 150 is in addition to the 87 and last week's 150.
Further proof that it doesn't matter what the stock price is to the average worker. Also further proof that Corporate is out for itself and wants to buy time so it can escape and leave you in the jump plane kissing dirt.
Looks like I'll have to make a video on it
87 stores two weeks ago and 150 stores last week added to closing list. Liquidation has begun in all of them.
We all know it’s a matter of time before they are all gone. Very sad.
Was waiting for someone ti catch up on the updated number
Yeah, they already started liquidation over the weekend.
More will follow