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Bed Bath & Beyond files for bankruptcy after running out of options

Sun, 04/23/2023 - 06:45

People walk past a Bed Bath & Beyond store in New York City. — A Bed Bath & Beyond store in New York City.
Michael Santiago/Getty Images

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Bed Bath & Beyond surges as meme traders pour in amid reports the ailing retailer is prepping for bankruptcy

Wed, 04/19/2023 - 13:16

BBBY stock — Bed Bath & Beyond stocks are plummeting after meme-stock champion Ryan Cohen cashed in on his entire stake for $58 million.
Nam Y. Huh/AP Photo

Markets, MI Exclusive, Bed Bath & Beyond, BBBY stock price, bbby, meme stock, meme stock rally

Amazon is starting to charge a fee for some returns. From TJ Maxx to Kohl's, here are some of the biggest companies where sending items back will cost you.

Wed, 04/12/2023 - 05:36

urban outfitters — TOLGA AKMEN/Getty Images

Retail, News, tj maxx, Kohl's, J. Crew, Urban Outfitters, American Eagle Outfitters

Bed Bath & Beyond's ousted CEO says he's not to blame for the company's failed turnaround and demands his $6.7 million severance

Tue, 04/04/2023 - 09:36

People walk past a Bed Bath & Beyond store in New York City. — People walk past a Bed Bath & Beyond store in New York City.
Michael M. Santiago/Getty Images

Retail, News, Law, Bed Bath & Beyond, bbby, Mark Tritton, Lawsuits

Bed Bath & Beyond set to complete a round of layoffs in New Jersey the day before a new state law takes effect that would mean millions more in severance for workers

Fri, 03/24/2023 - 05:00

A Bed Bath & Beyond store is in Paramus, New Jersey, on Monday, February 6, 2023. Signs indicate the store will soon close permanently and all items are on sale for 10 percent off. — Bed Bath & Beyond will cut nearly 1,300 positions at four locations and close 43 stores in New Jersey just days before a new rule kicks in.
Ted Shaffrey/AP

Retail, News, Bed Bath & Beyond, Layoffs, Retail workers, New Jersey, Severance

Bed Bath & Beyond is reportedly skipping on severance payments for workers

Thu, 03/16/2023 - 16:47

Bedding BBBY Louisville — Denying severance for store employees could complicate efforts to finish selling inventory, as some workers are quitting their jobs weeks before their locations actually close, Bloomberg reported.
Ben Tobin

Retail, News, Bed Bath & Beyond, bbby, Severance, store closures, Bloomberg

Nearly 60% of institutional investors said they have used Reddit for investment decisions, survey shows

Thu, 03/09/2023 - 12:56

REUTERS/Dado Ruvic/Illustration/File Photo

Markets, MI Exclusive, Wall Street Bets, reddit wall street bets, reddit trading advice, reddit traders, Retail Trading

'Big Short' legend Michael Burry invested in Bed Bath & Beyond at least twice before the meme stock's epic rise and fall

Sat, 03/04/2023 - 06:00

Michael Burry Getty — Michael Burry.
Kevin Mazur/WireImage

Markets, MI Exclusive, Stocks, Michael Burry, The Big Short, Scion Asset Management, Meme stocks

Bed Bath & Beyond dives 50% in February – it's second-worst monthly performance ever – as the meme stock teeters on the edge of bankruptcy

Wed, 03/01/2023 - 07:31

Bed Bath & Beyond — A Bed Bath & Beyond branch in New York.
VIEW press/Getty Images

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Reddit-loving day traders are making their chaotic presence felt again - and their risky behavior is fueling a stock rally that doesn't look sustainable

Thu, 02/23/2023 - 08:21

Reddit retail investors Federal Reserve interest rates markets meme stock rally investing recession — Retail investors are reviving the meme-stock playbook of 2021 and ignoring the Fed.
Getty; Phil Rosen/Insider

Markets, MI Exclusive, Reddit, Retail Investors, Traders, Jerome Powell, Fed

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