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Tag: Bed

Bed Bath & Beyond brings its wedding registry into the digital age

Couples can register for a cash fund to help out with their honeymoon or make a house down payment on Bed Bath & Beyond’s new wedding registry platform.   The platform, dubbed “Your Registry, Your Way,” allows couples to register for traditional gift essentials as well as “gift experiences” in-store, online or via app. They can …

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Bed Bath & Beyond withdraws fiscal outlook; delays store closures

Bed Bath & Beyond said it will reveal its strategic plan in early 2020 as it swung to a third-quarter loss with sales and earnings that missed Street expectations. The embattled retailer also said it would delay closing 20 of its namesake stores until after the first half of fiscal 2020 in order to sell …

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Bed Bath & Beyond withdraws fiscal outlook; delays store closures

Bed Bath & Beyond said it will reveal its strategic plan in early 2020 as it swung to a third-quarter loss with sales and earnings that missed Street expectations. The embattled retailer also said it would delay closing 20 of its namesake stores until after the first half of fiscal 2020 in order to sell …

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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 …

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Big leadership shakeup at Bed Bath & Beyond

The new CEO of Bed, Bath & Beyond is cleaning house just six weeks into the job — and in the middle of the holiday season. The struggling home goods retailer announced the departure of six senior members, including its chief merchandising officer, chief marketing officer and chief digital officer. Also leaving are the chain’s chief …

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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 …

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Executive shift at Target as chief merchant jumps to Bed Bath & Beyond

Target Corp. is losing the executive who overhauled its private-label business. Mark J. Tritton, who has served as executive VP and chief merchandising officer of Target since 2016, is joining Bed Bath & Beyond as president and CEO effective Nov. 4, 2019 Tritton was instrumental in building Target’s private-label strategy, reviving the company’s existing brands …

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Bed Bath & Beyond names Target’s chief merchant as CEO

Bed Bath & Beyond has ended its search for a new chief executive officer, appointing a 30-year, well-respected retail veteran to the position. The struggling home goods retailer named Mark J. Tritton as president and CEO and as a member of its board, effective November 4, 2019. He succeeds interim CEO Mary A. Winston. Tritton …

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