Page 41 - Mark Tritton News Today

The retailer, based in Union, NJ, also said that it would go back to its original strategy of focusing on national brands.

Shares of Bed Bath & Beyond lost nearly a quarter of their value after it announced a plan including store closures, layoffs and a possible stock offering.

Shares of Bed Bath & Beyond lost nearly a quarter of their value after it announced a plan including store closures, layoffs and a possible stock offering.

Shares of Bed Bath & Beyond lost nearly a quarter of their value after it announced a plan including store closures, layoffs and a possible stock offering.

Bed Bath & Beyond is in deep turmoil. The company is trying to rescue itself and stay out of bankruptcy by shrinking. The chain said Wednesday that it will lay off approximately 20 per cent of corporate employees.

Shares of Bed Bath & Beyond lost nearly a quarter of their value after it announced a plan including store closures, layoffs and a possible stock offering.

Its sprawling line of in-house brands is also being reduced, with the company looking to "rebalance its assortment and improve inventory."

Shares of Bed Bath & Beyond lost nearly a quarter of their value after it announced a plan including store closures, layoffs and a possible stock offering.

Shares of Bed Bath & Beyond lost nearly a quarter of their value after it announced a plan including store closures, layoffs and a possible stock offering.

Shares of Bed Bath & Beyond lost nearly a quarter of their value after it announced a plan including store closures, layoffs and a possible stock offering.