[ad_1] Macy’s said its sales were down 4.6% in the fourth quarter, and Best Buy said its U.S. sales for the three months ended Jan. 28 fell nearly 10%. [ad_2]…
Tag: hardware stores
It’s Hard to Play the Market With Bed Bath & Beyond. These Meme Stock Investors Are Trying.
[ad_1] Hordes of rookie traders kicked off 2023 by piling into Bed Bath & Beyond stock. They are paying the price now. What’s News See More What’s News [ad_2] Source…
How Bed Bath & Beyond Avoided Bankruptcy
[ad_1] As banks pushed for repayment, a hedge fund saw a troubled company that had one thing going for it: the passionate interest of individual investors. [ad_2] Source link
The Investor Behind the $1 Billion Bet on Bed Bath & Beyond
[ad_1] Hudson Bay Capital got good terms on deal for a retailer that had few options left. [ad_2] Source link
Bed Bath & Beyond Gets a Lifeline From Hudson Bay Capital
[ad_1] The troubled retailer signs a deal to sell more than $1 billion of equity. [ad_2] Source link
Activist Ryan Cohen Targets a Familiar Foe at Nordstrom
[ad_1] Business Investor seeks to oust Mark Tritton—who was also his focus at Bed Bath & Beyond—from Nordstrom’s board [ad_2] Source link
Stocks Rally Despite Squeeze on Profitability
[ad_1] S&P 500 profit margins are poised to drop for the sixth quarter in a row. Many companies raised prices last year, but expect stronger resistance from consumers this year.…