Bed Bath & Beyond cuts its forecast ahead of holidays
Staff and Bloomberg report
Bed Bath & Beyond cuts its forecast ahead of holidays
(Bloomberg)—Bed Bath & Beyond Inc., No. 26 in the 2021 Digital Commerce 360 Top 1000, reported a slowdown in store traffic and unrelenting supply chain challenges, which led the home-goods company to cut its forecast, an ominous sign for the retail industry ahead of the all-important holiday shopping season. Revenue in the quarter ended Aug. […]