(Over 390 posts here as I log on. Apologies if you’ve seen this.)
Bed Bath & Beyond will close 150 stores and lay off 20% of staff as sales plunge by a quarter
(W)hile Snapchat’s parent company plans to cut more than 1,000 jobs as ad dollars dry up
Retailer Bed Bath & Beyond announced major cost-cutting moves on Wednesday
…
The struggling company has also secured $500 million in new financing
Bed Bath & Beyond says same-store sales are down 26% from a year ago
Meanwhile social media firm Snap announced major layoffs as ad sales decline
…
https://www.dailymail.co.uk/news/article-11165577/Bed-Bath-S…