Bed Bath stock crashing today…down 28% …the rug in aisle 9 has been pulled…it’s curtains (buy one get four)
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BBB layed off too many people to claim higher labor costs.
based on reviews i see online, especially facebook, and some of the online returns my store alone gets, i'm surprised digital is only down 9%
It’s odd that retailers across the industry point to higher labor costs as a drag on profitability, but not a mention of it in this report.
Also total digital down 9%?
Forget the store numbers, if digital is failing it’s kind of an indication of real problems.
I agree, blaming delta and supply chain when last year was obviously worse.
They are grasping.
they try to blame the pandemic and supply chain, but the sales are down pretty sharply from last year, when stores were just opening back up from furloughs, and colleges weren't going back into session; this year stores have been fully operational all year, and colleges are back
I had a feeling that the stock prices would drop---so I sold my stock 4 months ago.