Thread regarding Bed Bath & Beyond layoffs

Bed Bath & Beyond Inc. and 1-800-FLOWERS.COM, INC. Enter into Settlement Agreement to Complete Sale of PersonalizationMall.com

announced that the companies have entered into a settlement agreement with respect to the litigation relating to the previously announced sale of PersonalizationMall.com.
1-800-FLOWERS.COM has agreed to move forward with its purchase of PersonalizationMall.com from Bed Bath & Beyond for $245 million, subject to certain working capital and other adjustments. The companies anticipate the transaction to close on or before August 3, 2020,
Bed Bath & Beyond will withdraw its existing litigation against 1-800-FLOWERS.COM and 800-FLOWERS, INC. related to the purchase agreement previously announced on February 18, 2020.
Maybe the sale will help the sinking ship....or upnthe starting hourly wages like Target

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| 1001 views | | 2 replies (last July 22, 2020) | Reply
Post ID: @OP+164KdeCO

2 replies (most recent on top)

It’s true - grab a life vest. It’s going down

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Post ID: @toq+164KdeCO

Are you joking about uping the wages! This man is going to lay off more people to get more money in his bank account. He hired all these Superstars and they will hire and fire whom they want! This company doesnt care about its workers look how many people they laid off already. I advise you to start looking for a new job. This company does not care about loyalty!!!

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Post ID: @wqm+164KdeCO

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