While enclosed malls undergo an evolution in the U.S., they continue multiplying abroad
Bed Bath & Beyond unit drawing bidders
New brand and Canada Tire taking over BB&B leases
Obtains $240 million in financing to facilitate shutdown
Though bankruptcy still possible, company building “financial runway” for recovery
Chain’s high-profile locales in big demand
If successful, plan would help retailer avoid bankruptcy filing
Retailer says there is “substantial doubt” it can continue operating
Inflation and the struggles of two prominent American retailers were the talk of the industry
She’s served in those roles on an interim basis since June
Retailer releases list of 56 underperforming locations that will shutter
Laura Crossen will assume the interim CFO role for the company
He jumped from the 18th floor of a high-rise in New York City
The retailer is also planning to slash 20 percent of its corporate and supply chain workforce
Analyst says the retailer is “in the end days” after hemorrhaging $358 million between March and May
Parent company Bed Bath & Beyond is reportedly taking steps toward divesting the baby-gear brand
Move comes after a successful pilot at retailer’s NYC flagship
Most of the affected stores will close by the end of next month
Baby, home products from both companies will be available online and in some select stores in 2022
Select BBB products will be available for purchase at Kroger
