Bed Bath & Beyond Defaults on Debt Payment Amid Bankruptcy Fears
Struggling retailer Bed Bath & Beyond warned that it has insufficient funds to pay off its debt and has ...
Source: theepochtimes.com
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Gamestop Corporation (NYSE:GME), (CHWY) - GameStop Shares Rally On Holiday Sales, Board Reshuffle
Share: Gaming retailer GameStop Corp. (NYSE: GME) saw a rally Monday on its holiday sales and changes to the Board of Directors. Holiday Sales: The nine-week holiday season saw revenue of $1.77 billion for GameStop, down 3.1% year-over-year. Same-store sales were up 4.8% over the nine-week period coming at the hands of the store count lowered by 11%. The big story for GameStop in the nine-week period was the continued strength of e-commerce sales with 309% year-over-year growth. E-commerce sales made up 34% of the company’s total in the nine-month period. GameStop saw “unprecedented dema...
Source: benzinga.com