Never has a retail chain had two activist investors attack. No private equity firm will buy us unless they can LEVERAGE the debt load we have $1.4 billion taken out in 2014 . Convert the outstanding common stock shares we have in the market place into liquid assets( sell at a profit ) Cohen has a 120mil investment for 9.8% so not likely Audit the books and have the board review all c suite contracts for breach. Then make middle management accountable for their stores. Actual boots on the ground to go in to stores and coach and counsel and help run our stores!!!! Cost cutting is not an old thing here. DM's all run stores in every other retailer and they used to be able to here as well.. Hours saved and more knowledge gained by real leaders. Corporate clowns you may now speak and negatively respond and correct grammar
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I will add another false fact from the OP.
"DM's all run stores in every other retailer "
No..they dont
Many chains have had two activist investors. Kohl's did recently.
What the he-l is an incorrect fact? You do know that makes zero sense, right?
Also I think the OP's post is quite accurate.
The OP is full of false statements. Why post incorrect facts?
oh boy, can't wait for yet another shake up....the last time that happened, we got MT, so i'm not holding my breath on a turnaround, lol
I hope they sell buy buy baby, nothing worse than a big return of all their cr-p.
https://www.reuters.com/business/retail-consumer/ryan-cohen-hires-icahn-proxy-solicitor-harkins-kovler-possible-bed-bath-fight-2022-03-10/
Looks like things are about to get messy.
Cohen is another clown, he has done nothing for Gamestop. His strategies are no better than the ones BBBY are currently executing. When a ship has sunk to the point where the bow is pointing towards the sky there is no saving it.
https://www.fool.com/investing/2022/03/10/bed-bath-beyonds-new-activist-investor-calls-for-c/
After Cohen effected the takeover of video game retailer GameStop in 2020, its own earnings have been a disappointment and its recent results fell far short of expectations. Bed Bath & Beyond's board may likely want proof Cohen could do any better with its business as he has with his own.
DMs run stores in all other retail? Um..no they do not
Many companies have had multiple activist investors. It is not cool to spread false info
I wish I was smoking weed reading these posts. I probably need something stronger though
Apparently the OP has all the answers,! Why OP are you being a cashier when you could be running the world?
The only question I have, due to it being obvious that everyone posting here is smoking weed, is why isn't my Tilray stock going up?
The cheerleader had to post twice because he’s not smart enough to figure out a simple online forum. Must be part of the corporate brain trust that rolls out all these wonderful plans.
Where is your MBA from OP?
It ain’t over till the kangaroo herder sings!
There is a price you pay for the way you treat people .
Through all this how is Harmon/Face Values still operating? Does anyone shop there?
Whoopty da-whumpty to the jizzle the fizzle y'all jump up the zippity zoink.
the sad thing is, DM's running their stores won't help everyone. maybe some districts have a really good DM, or have well staffed stores that just need some focus and training, but some DM's are just there to walk around and yell at everyone with no real clue what they're yelling about, and a LOT of stores are grossly understaffed with no help in sight. my store desperately needs staff, hasn't been able to find any, and last month we were still told we couldn't even take applicants for all of february because of how tight hours were.
Great time to apply to other companies
Kinda think you are right. Things look pretty damn bleak.