American retailer Bed Bath & Beyond reported dismal earnings late last week with revenues falling 28% to $1.88bn vs. $1.95bn expected for its third quarter ended November 27. The company also disappointed on earnings with its net loss widening to $276mn from $75mn...
American retailer Bed Bath & Beyond Inc. cut its sales and profits forecast for 2021 on the back of a drop in shopper traffic in August and supply chain hurdles. Retailers have been facing port congestion and rising transportation costs given the recent surge in...