The beleaguered retailer has tapped interim leader Sue Gove to the position permanently. She’s held the position for the past four months following the exit of its former CEO Mark Tritton, who failed to turn around the company. Shares of the retailer fell 4%, bouncing back from a sharp selloff at the open following the announcement. The initial decline appeared to be a typical “sell the news” strategy on Wall Street after the stock rallied 24% Tuesday.
” In August, Bed Bath and Beyond laid off approximately 20% of corporate employees, announced the closure of around 150 stores and slashed several of its in-house home goods’ brands. Crucially, it secured more than $500 million in financing to shore up its ailing financial situation. It also revealed that sales at stores open for at least a year plunged 26% during its latest quarter ending August 27.
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
20-year-old investor who made $110 million on a meme stock is now pushing for change at psychedelics company MindMedAfter making $110 million trading shares of troubled retailer Bed Bath & Beyond, this 20-year-old investor is pushing for faster drug development and lower drug costs at a psychedelics company. 🏳️🌈👇🏼🏳️🌈
더 많은 것을 읽으십시오 »