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Bed Bath & Beyond to cut jobs and close stores in an effort to reverse losses

Bed Bath & Beyond to cut jobs and close stores in an effort to reverse losses

Register now to get free unlimited access to Reuters.com Register Aug 31 (Reuters) – Bed Bath & Beyond, Inc. (BBBY.O) said on Wednesday it had signed deals worth more than $500 million in new financing and would close 150 stores, cut jobs and overhaul its business strategy to try to turn it around. About her …

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Bed, Bath & Beyond loan of $375 million is temporary relief before the holiday season

Bed, Bath & Beyond loan of $375 million is temporary relief before the holiday season

A customer walks into a Bed Bath & Beyond store in Novi, Michigan, US, January 29, 2021. REUTERS/Emily Elconin Register now to get free unlimited access to Reuters.com Register NEW YORK, Aug 30 (Reuters) – As Bed Bath & Beyond Inc (BBBY.O) prepares to disclose Lifeline Financial — a roughly $375 million loan — investors …

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