Bed Bath & Beyond reports a 28% drop in sales as it presses ahead with a turnaround plan
Bed Bath & Beyond reported a 28% drop in quarterly sales and a wider-than-projected loss. The results came from the three-month period before the struggling retailer unveiled an aggressive turnaround plan. In late August, the company said it would change its merchandise strategy, close 150 stores, and lay off some employees, as it also secured … Read more