Thread regarding Bed Bath & Beyond layoffs

CEO removed, sales on decline: Does Bed Bath & Beyond have a future?

  • Despite price discounts, the company saw sales drop by 25%, according to its first-quarter financial report. Board of directors member Sue Gove will step up as interim CEO, replacing Mark Tritton, who was previously the chief merchandising officer at Target.

https://www.usatoday.com/story/money/business/2022/06/29/bed-bath-beyond-going-out-business-or-not/7772170001/

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| 1501 views | | 7 replies (last July 2, 2022) | Reply
Post ID: @OP+1huEsc9C

7 replies (most recent on top)

Tritton was investing company funds in Powerball and Mega Millions hoping to shore up our bottom line...Probably shold have invested in Irish Sweepstakes.

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Post ID: @2gmq+1huEsc9C

Double agent? That's about as crazy of a conspiracy as a stolen election.

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Post ID: @1vtg+1huEsc9C

MT was a DOUBLE AGENT? Trashed BBBY while Target paid him on the side to trash BBBY?

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Post ID: @1dzh+1huEsc9C

That would be the people who work at corporate from home. One of them actually told me that they only work 2 hours a day.

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Post ID: @ack+1huEsc9C

Whoever is posting all these articles must have a lot of time on their hands.

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Post ID: @oxr+1huEsc9C

BB&B will declare Chapter 11, reorganize, and be bought by someone else.

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Post ID: @ehp+1huEsc9C

Layoffs, store closures and bankruptcy look like the only avenues at this point. I fear it's only going to get worse.

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Post ID: @fvo+1huEsc9C

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