Page 36 - Mark Tritton News Today

The home goods giant struggled to overhaul its supply chain and convince customers to buy its new, private label merchandise that replaced popular national brands.

Bed Bath & Beyond announces plans to slash workforce by 20%, sell 12 million shares, and close 150 locations

A much-anticipated strategic update failed to excite investors.

Bed Bath & Beyond announced Wednesday it was closing 150 stores in an effort to stabilize the struggling retailer.

The home goods giant struggled to overhaul its supply chain and convince customers to buy its new, private label merchandise that replaced popular national brands.

Bed Bath & Beyond said it will close about 150 of its stores and slash its workforce by 20%. It estimated those cuts would save $250 million.

The home-goods chain plans to lay off some of its workforce and shutter 150 stores nationwide, and it's not yet clear if any of Maine's four branches will be affected.

The home goods giant struggled to overhaul its supply chain and convince customers to buy its new, private label merchandise that replaced popular national brands.

The home goods giant struggled to overhaul its supply chain and convince customers to buy its new, private label merchandise that replaced popular national brands.

The home goods giant struggled to overhaul its supply chain and convince customers to buy its new, private label merchandise that replaced popular national brands.