Bed Bath Beyond Closing 150 Stores Amid Inflation Supply Chain I
Bed Bath Beyond Closing 150 Stores Amid Inflation ођ Bed bath & beyond on wednesday said it is cutting 20% of its corporate and supply chain staff and closing 150 poor performing stores as it seeks to cut costs amid a sales slump. shares of the. 0:03. 0:45. bed bath & beyond will close about 150 of its namesake stores and cut its workforce by 20%, the retailer announced wednesday. but it will keep its buybuy baby chain, which the company.
Bed Bath Beyond Closing 150 Stores Amid Inflation ођ Bed bath & beyond will close 150 stores and slash 20% of its workforce the home goods giant struggled to overhaul its supply chain and convince customers to buy its new, private label merchandise. Aug. 31, 2022, 6:23 am pdt. by melissa repko, cnbc. bed bath & beyond said wednesday that it secured more than $500 million in new financing and that it is closing stores and laying off staff as. Bed bath & beyond announced in a financial update for investors that it is closing about 150 stores. the company is also cutting its corporate staff by about 20% as sales fell 25% last quarter. Bed bath & beyond announced in a financial update for investors that it is closing about 150 stores. the company is also cutting its corporate staff by about 20% as sales fell 25% last quarter.
Comments are closed.