Tag: BBBY
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Bed Bath and Beyond seeks millions from ocean carriers in freight dispute
[ad_1] Bed Bath and Beyond Inc., which filed for chapter 11 bankruptcy last month, has filed complaints against two ocean carriers, claiming that they abandoned their service commitments to the troubled home goods retailer. The Wall Street Journal first reported Tuesday that Bed Bath and Beyond BBBY filed a complaint with the Federal Maritime Commission…
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Where will Bed Bath & Beyond’s customers shop now?
[ad_1] It looks like Bed Bath & Beyond BBBYshoppers will soon become Amazon AMZN, Target TGT and Walmart WMT shoppers. Those are the three retailers that stand to benefit the most from the home-focused retailer’s impending closure, according to a consumer survey from Numerator, a data and technology company. Specifically, 68% of shoppers said they……
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Bed Bath and Beyond bankruptcy: ‘Dancing goose’ celebrates retailer’s demise
[ad_1] One of the strangest scenes in the saga of Bed Bath and Beyond Inc.’s bankruptcy played out outside the home goods retailer’s store in Manhattan’s Chelsea district Wednesday when a giant “dancing goose” celebrated the company’s demise. The person in the goose costume was part of a protest organized by PETA and Humane Long…
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Bed Bath & Beyond: from home-goods behemoth to bankruptcy
[ad_1] It’s the end of the road for Bed Bath & Beyond Inc., a company that was once a shining star of U.S. retail. The troubled home-goods retailer BBBY filed for chapter 11 on Sunday, after spending several months teetering on the brink of bankruptcy. The company said it aims to achieve an orderly wind…
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U.S. stocks trade lower as traders eye earnings from Morgan Stanley, IBM
[ad_1] U.S. stocks opened lower Wednesday as investors weighed another batch of U.S. earnings, including results from Morgan Stanley and International Business Machines Corp., while global government bonds yields rose after U.K. posted hotter-than-expected inflation. How are stock indexes trading The Dow Jones Industrial Average DJIA, -0.26% dropped 136 points, or 0.4% to around 33,840…
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Bed Bath & Beyond says shareholders are asking about naked short selling
[ad_1] Bed Bath & Beyond Inc. said Monday it had received several inquires from shareholders related to naked short selling but that it had no specific access to information on share lending for short-selling transactions. “While the company is unable to confirm such activity, the company denounces any market manipulation of its stock BBBY, -4.24%, ”…