Bed Bath & Beyond files for bankruptcy | CNN Business

  • 📰 CNN
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 95%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

Bed Bath & Beyond files for bankruptcy. It caps a long deterioration for a retailer that didn't keep up with shifts in shopping trends.

“Thank you to all of our loyal customers. We have made the difficult decision to begin winding down our operations,” a statement at the top of the company’s website said Sunday morning. “Bed Bath & Beyond and buybuy BABY stores and websites are open and serving customers.” Bed Bath & Beyond had been a crown jewel of the era of so-called “category killers” — chains that dominated a category of retail, such as Toys “R” Us, Circuit City and Sports Authority.

The rise of online shopping But as brick-and-mortar began to give way to e-commerce, Bed Bath & Beyond was slow to make the transition — a misstep compounded by the fact that home decor is one of the most commonly bought categories online. “We missed the boat on the internet,” Eisenberg said in a recent Wall Street Journal interview.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 4. in PT

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Bed Bath & Beyond stiffed thousands of workers on severance pay | CNN BusinessIn early February, Diane Zaccagna learned that the Bed Bath & Beyond store in New Jersey where she had been working for 18 and a half years was closing and she would be laid off.
Fonte: CNN - 🏆 4. / 95 Consulte Mais informação »