Bed Bath & Beyond (NASDAQ:BBBY) Kicks Off Its Turnaround Strategy
September 16 2022 - 08:28AM
TipRanks
Meme stock Bed Bath & Beyond (BBBY) has released a list of 56
namesake stores that it intends to close by the end of 2022. The
latest step is a part of the company's cost-cutting and turnaround
strategies. As per a WSJ report, the 56 stores to be closed are
spread out in different states across the U.S., including
California, New York, Ohio, Florida, Texas, Michigan, Illinois,
etc. The retailer's store count has been
declining since the onset of the pandemic.
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Bed Bath and Beyond (NASDAQ:BBBY)
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