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Tag: Bed Bath & Beyond Inc

Retail stocks that could have a strong 2020

Some of the most beaten-down names in retail might end up being your best bets in 2020. That’s not to say there still isn’t reason to be wary about some of these companies. You’re taking a risk when you invest in a struggling business, especially in the challenged retail industry, which has faced management shakeups, …

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Bed Bath & Beyond shares jump on real estate deal for $250 million

Shoppers exit a Bed Bath & Beyond store in New York. Michael Nagle | Bloomberg | Getty Images Bed Bath & Beyond shares jumped nearly 3% Monday morning after the retailer said it had completed a sale-leaseback transaction with an affiliate of Oak Street Real Estate Capital, netting it $250 million in proceeds. The embattled …

Bed Bath & Beyond shares jump on real estate deal for $250 millionRead More

Sears, Walgreens among retailers that closed stores in 2019

Micah Young | E+ | Getty Images 2019 has been a record year for store closures in retail. In the U.S., retailers this year have announced plans to shut more than 9,300 locations. That’s up more than 50% from the total announced closures in 2018, which amounted to 5,844, Coresight said. Previously, the record was …

Sears, Walgreens among retailers that closed stores in 2019Read More

Imran Khan’s Verishop teams up with a US mall owner to open stores

Verishop, a shopping website and brand incubator launched earlier this year by former Snap exec Imran Khan and his wife, has struck a deal with U.S. mall owner Unibail-Rodamco-Westfield to open 14 stores through next year. That will include a mix of pop-up shops and permanent locations, the companies said. Verishop’s first space, for its …

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Retailers need to give shoppers something new this Black Friday

Customers shop for electronics items during ‘Black Friday’ at a Best Buy store. Sandy Huffaker | Getty Images News | Getty Images Shoppers are expected to spend this holiday season. But are retailers giving them something to spend on? That’s the million-dollar question. A strong macroeconomic backdrop, with low unemployment and wage growth, has given …

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It’s a make-or-break holiday season for these six retailers

For many, the holidays spark joy, and are a time to relax in the comfort of family and friends. If you’re in retail, however, it’s a bit of a different story — especially if your business is struggling. Some retail executives really feel the pressure this time of year, as the holiday season can make …

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Destination Maternity plans bankruptcy that could come within weeks

Destination Maternity store Source: Destination Maternity Destination Maternity, a leading retailer of maternity wear, is planning a bankruptcy filing that could come as soon as the next few weeks, as it deals with better-capitalized competition and an onerous debt load, people familiar with the matter told CNBC. The company is working with advisors at the …

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Trader isn’t buying Bed, Bath & Beyond bounce quite yet

Bed, Bath & Beyond is bouncing hard. The stock soared more than 20% on Thursday, its second-best day on record, after the company named former Target executive Mark Tritton as president and CEO come early November. The stock was up more than 3% in Friday’s premarket above Thursday’s closing price of $12.09. It’s been a …

Trader isn’t buying Bed, Bath & Beyond bounce quite yetRead More