Category: Retail News
Bed Bath & Beyond lays off more employees as it fights to survive
Bed Bath & Beyond is cutting jobs and is at risk of bankruptcy. [...]
Babies R Us attempts comeback, plans to open store at American Dream mall in New Jersey
Babies R Us, which went out of business in 2018, will open a flagship store at the American Dream megamall in New Jersey. [...]
Amazon plans to close three UK warehouses, impacting 1,200 workers
Amazon is considering closing three sites in England and in Scotland in a move union reps criticize despite the company's pledges of alternative jobs. [...]
Bed Bath & Beyond reports wider-than-expected loss as possible bankruptcy looms
Days after Bed Bath warned of potential bankruptcy, it reported negative operating cash flow for the third quarter and ballooning net losses. [...]
UBS sees these retail stocks winning from a potential Bed Bath & Beyond bankruptcy
Doubts about Bed Bath & Beyond's future opens a door for other retailers to pick up market share, says UBS [...]
Jim Cramer’s Investing Club meeting Monday: Consumer prices, overvalued tech stocks, oil
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. [...]
What’s ahead for Bed Bath & Beyond in wake of bankruptcy warning
Bed Bath's turnaround plan called for cost-cutting and improved partnerships with vendors. But its sales have yet to improve. [...]
SEC fines former McDonald’s CEO for misleading investors about his firing
The SEC filed charges against former McDonald's CEO Steve Easterbrook for misrepresenting why he was fired in November 2019 and charged him a $400,000 [...]
Goldman Sachs adds Alibaba to conviction buy list, says shares can rise more than 25%
The firm expects Alibaba is the best way to play a rebound in the China internet sector. [...]
China’s big consumer market isn’t rebounding to pre-pandemic levels just yet
For the year ahead, Bain Partner Derek Deng said China's consumer spending likely wouldn't even return to 2021 levels due to macroeconomic development [...]