Bed Bath & Beyond Inc. (BBBY) News
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BBBY News Highlights
- For BBBY, its 30 day story count is now at 34.
- Over the past 25 days, the trend for BBBY's stories per day has been choppy and unclear. It has oscillated between 1 and 7.
- AMP, SA and ALT are the most mentioned tickers in articles about BBBY.
Latest BBBY News From Around the Web
Below are the latest news stories about BED BATH & BEYOND INC that investors may wish to consider to help them evaluate BBBY as an investment opportunity.
Today, investors in BBBY stock aren't in a buying mood as Bed Bath & Beyond's share price plummets on key holiday data.
American home goods retailer Bed Bath & Beyond (NASDAQ:BBBY) may be in real trouble this holiday season due to inventory challenges. While most retailers are struggling with the issue of excess inventory, BBBY is struggling to stock up on inventory on its shelves. As per a WSJ report, citing analytics company DataWeave, roughly 43% of BBBY’s inventories were out of stock in October, much higher than its competitor’s levels and nearly twice the level of out-of-stock items in the first half. Additionally, customers have been complaining of not finding items they usually bought from BBBY and have shifted shopping to other stores.
Bed Bath & Beyond (BBBY) is on watch after a recent study by DataWeave indicated that more than 40% of the specialty retailer''s products were out of stock in October. Read more.
Default rates are expected to go up if inflation and debt-servicing costs remain high, ratings firms say
Bed Bath & Beyond is grappling with low inventory issue and unpaid invoices to suppliers. The home goods retailer has struggled with executive departures, store closures, staff reductions. This holiday season could be pivotal for Bed Bath & Beyond''s future. Once a leading home goods retailer, Bed Bath & Beyond is now in a fight for its life as the company grapples with low inventory issues going into Black Friday and unpaid invoices to suppliers. Over 40% of the retailer''s inventory was out of stock in October, The Wall Street Journal reported on Thursday. WSJ also reported that the company has yet to catch up on overdue payments to suppliers, with invoices dating as far back as January. Bed Bath & Beyond''s trouble dates back to at least November 2019, when former Target CMO Mark Tri...
A recent study by DataWeave Inc. reveals that more than 40% of Bed Bath & Beyond ''s products were out of stock in October, which is close to twice the level in the first half of 2022. What Happened: Bed Bath & Beyond Inc (NASDAQ: BBBY ) is struggling to lure customers for the holiday season, as the company cannot stock up its stores across the U.S., reports The Wall Street Journal. In October, Bed Bath & Beyond had higher out-of-stock rates compared to other retailers like Home Depot Inc (NYSE: HD ), Wayfair Inc (NYSE: Full story available on Benzinga.com
The home-goods chain’s out-of-stock levels are higher than rivals heading into the holiday shopping season.
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There are hundreds of special offers on essentials to spruce up the home.
In this article, we will be taking a look at 10 Reddit stocks that are too cheap to ignore. To skip our detailed analysis of these stocks, you can go directly to see the 5 Reddit Stocks That Are Too Cheap To Ignore. Reddit, an online platform, caught the attention of investors last year with the […]