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Tag: beyond

Bed Bath & Beyond (BBBY) reports Q1 2020 loss, 200 store closures

A shopper exits a Bed Bath & Beyond store in New York. Michael Nagle | Bloomberg | Getty Images Bed Bath & Beyond said Wednesday its sales tumbled nearly 50% during its latest quarter, even as online sales surged more than 100% during April and May, with consumers stocking up on cleaning supplies and home decor.  …

Bed Bath & Beyond (BBBY) reports Q1 2020 loss, 200 store closuresRead More

Beyond Meat enters grocery stores in mainland China through Alibaba partnership

Beyond Meat “Beyond Burger” patties made from plant-based substitutes for meat products sit on a shelf for sale on November 15, 2019 in New York City. Angela Weiss | AFP | Getty Images Beyond Meat announced Tuesday that Alibaba’s Freshippo grocery stores would start selling its meatless burger patties, marking its entry into supermarkets in …

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Barclays double downgrades Beyond Meat, says meat supply chain has bounced back

A staff member displays a burger with a Beyond Meat plant-based patty at VeggieWorld fair in Beijing, China November 8, 2019. Jason Lee | Reuters (This story is for CNBC Pro subscribers only).  Barclays analysts said in a note to clients that it is time to stick Beyond Meat in the freezer after a strong …

Barclays double downgrades Beyond Meat, says meat supply chain has bounced backRead More

Beyond Meat shares fall after McDonald’s ends Canadian trial of meatless burger

Shares of Beyond Meat fell 7% in morning trading after the CBC reported that McDonald’s stopped testing a burger made with its patties in Canada. In a tweet to a consumer asking about the burger, McDonald’s Canada said that the test ended April 6. The chain has no plans to bring back the item at this time.  McDonald’s stock …

Beyond Meat shares fall after McDonald’s ends Canadian trial of meatless burgerRead More

Myntra recorded 86% jump in customer base from Tier 2 and beyond during its first online sale post lockdown, Retail News, ET Retail

Bengaluru : Flipkart-owned fashion marketplace Myntra noted 86% increase in the number of customers from tier 2 and 3 cities – the highest so far – in its recently concluded End of Reason Sale (EORS), indicating a shift in consumer behavior and preference for online shopping amid the lockdown. It was the first online sale …

Myntra recorded 86% jump in customer base from Tier 2 and beyond during its first online sale post lockdown, Retail News, ET RetailRead More

Bed Bath & Beyond (BBBY) reports Q4 2019 beat

Shoppers exit a Bed Bath & Beyond store in New York. Michael Nagle | Bloomberg | Getty Images Bed Bath & Beyond reported Wednesday fiscal fourth-quarter results that topped analysts’ estimates, but warned it could not make predictions for 2020 due to the coronavirus pandemic. The company said that despite widespread, temporary store closures, it still …

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Bed Bath & Beyond taps top Walgreens exec to become its chief merchant

A shopper walks past a Bed Bath & Beyond Inc. store Andrew Harrer | Bloomberg | Getty Images Bed Bath & Beyond has tapped Walgreens‘ Chief Merchandising Officer Joe Hartsig to become its chief merchant, CNBC has learned, reporting to Chief Executive Mark Tritton. Hartsig will also become president of Bed Bath & Beyond’s Harmon …

Bed Bath & Beyond taps top Walgreens exec to become its chief merchantRead More

Beyond Meat (BYND) earnings Q4 2019

A staff member displays a burger with a Beyond Meat plant-based patty at VeggieWorld fair in Beijing, China November 8, 2019. Jason Lee | Reuters Beyond Meat on Thursday reported quarterly revenue that topped analysts’ expectations but disappointed investors by falling shy of reporting a second profitable quarter. Shares of the company fell 6% in …

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Bed Bath & Beyond cuts 10% of its corporate workforce in restructuring

Shoppers exit a Bed Bath & Beyond store in New York. Michael Nagle | Bloomberg | Getty Images Bed Bath & Beyond is cutting about 500 jobs, or 10% of its corporate workforce, as part of a larger restructuring plan in a bid to trim expenses, the retailer announced Thursday. The company said it is …

Bed Bath & Beyond cuts 10% of its corporate workforce in restructuringRead More

Starbucks will bring Beyond Meat’s sausage to its stores across Canada

The man sitting in a Starbucks in Toronto. Roberto Machado Noa | LightRocket | Getty Images Starbucks is joining the Beyond Meat wave as it adds the plant-based meat to its menus across Canada. The Seattle-based coffee chain said it will add a sandwich with Beyond Meat’s sausage, egg and cheddar cheese to its Canadian …

Starbucks will bring Beyond Meat’s sausage to its stores across CanadaRead More