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Bed Bath & Beyond Appoints Sue Gove As New President And CEO
(RTTNews) - Bed Bath & Beyond, Inc. (BBBY) announced Wednesday the appointment of Sue Gove as President & Chief Executive Officer. Gove has served as Interim CEO since June 2022.
The appointment was unanimously approved by Bed Bath & Beyond Inc.'s Board of Directors. Gove will continue to serve on the Company's Board.
Under Gove's leadership, the Company will continue to execute its strategic plan, announced on August 31, 2022, with a priority on strengthening its financial positioning, increasing customer engagement, driving traffic, and recapturing market share.
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Bed Bath & Beyond Files For Bankruptcy Protection
Bed Bath & Beyond filed for Chapter 11 bankruptcy protection in New Jersey, but the beleaguered home improvement retailer said its stores and websites will remain open and continue serving customers.
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Bed Bath & Beyond Maintains FY22 Outlook - Update
While reporting financial results for the second quarter on Thursday, beleaguered home improvement retailer Bed Bath & Beyond, Inc. (BBBY) maintained its comparable sales guidance for the full-year 2022.
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Bed Bath & Beyond Says Working Expeditiously To Strengthening Balance Sheet
In response to certain media inquiries, home improvement retailer Bed Bath & Beyond, Inc. (BBBY) said Thursday that it has reached a constructive agreement with RC Ventures in March and are committed to maximizing value for all shareholders.
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Bed Bath & Beyond Q1 Results Miss Estimates
Home improvement retailer Bed Bath & Beyond, Inc. (BBBY) reported on Wednesday a net loss for first quarter that sharply widened from last year, hurt by hefty transient costs related to inventory markdown reserves and port-related supply chain fees. Both adjusted loss per share and net sales missed analysts' expectations.
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European Shares Seen Opening Up Despite US Growth Concerns
European stocks may open on a positive note Monday as investors bet on increased spending on infrastructure and defense in the region to beef up security and ensure that Ukraine will still be protected.
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U.S. Dollar Slides Amid U.S. Fed Rate Cut Prospects
The U.S. dollar weakened against other major currencies in the Asian session on Monday amid prospects of the U.S. Fed cutting interest rates earlier after a report showed employment in the U.S. increased by slightly less than expected in the month of February. However, concerns remain that the U.S. trade war may hurt global growth and worsen inflation.
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U.S. Dollar Slides Against Majors
The U.S. dollar weakened against other major currencies in the Asian session on Monday.
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Sensex, Nifty Tad Higher In Early Trade
Indian shares opened on a positive note Monday despite mixed cues from global markets.
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