The PC boom has gone bust, and we are about to see the results ahead of Black Friday

The pandemic-fueled personal-computer boom has ended, so how will that affect demand and pricing for PCs and the retailers that sell them this holiday season? A sense of the fallout will be provided in the week ahead with results due from PC makers Dell Technologies Inc. DELL, +0.67% and HP Inc. HPQ, +0.17%, along with … Read more

Bed Bath & Beyond Confirms Death of CFO Gustavo Arnal

By Ginger Adams Otis and Ryan Felton Updated Sept. 4, 2022 4:40 pm ET Listen to article (1 minute) Bed Bath & Beyond said Chief Financial Officer Gustavo Arnal died on Friday. The home-goods retailer didn’t immediately respond to requests for comment on the circumstances of Mr. Arnal’s death.

Bed Bath & Beyond Stock Sinks. It’s Cutting 20% of Jobs and Closing 150 Stores.

Text size Bed Bath & Beyond said it will close 150 of its stores and lay off 20% of its workforce to reduce costs. Joe Raedle/Getty Images Bed Bath & Beyond shares dropped on Wednesday after the troubled retailer said it was laying off a fifth of its workforce and closing more than a hundred … Read more

Bed Bath & Beyond stock rockets a day ahead of ‘strategic update’

Shares of Bed Bath & Beyond Inc. soared Monday, as meme-stock investors expressed optimism a day ahead of the home goods retailer’s strategic update. The stock rocketed 27.4% in afternoon trading, while the S&P 500 index SPX, -0.17% slipped less than 0.1%. On Friday, the stock had climbed 5.9% while the S&P 500 tumbled 3.4%, … Read more

Bed Bath & Beyond Clinches Loan Deal

Bed Bath & Beyond Inc. has found a financing source to shore up its liquidity as it tries to weather recent missteps, according to people familiar with the matter. The company on Tuesday told prospective lenders that it has selected a lender to provide a loan following a marketing process conducted by JPMorgan Chase & … Read more

Ryan Cohen’s Stock Sale Is No Problem for Bed Bath & Beyond’s True Believers

By Akane Otani and Caitlin McCabe Updated Aug. 21, 2022 5:33 am ET Listen to article (1 minute) A stupefying rally in Bed Bath & Beyond stock came skidding to a halt last week when one of the company’s biggest shareholders cashed out.  Now, a crowd of individual investors say they are hoping to ride … Read more

Meme Lord Ryan Cohen Unloads Bed Bath & Beyond Bet, Sending Shares Spiraling

Billionaire investor Ryan Cohen cashed out his entire position in Bed Bath & Beyond this week, capping a wild stretch of trading in the stock and marking the latest sign that meme-stock mania is still alive. Mr. Cohen, the co-founder of pet-supply retailer Chewy Inc., developed a deep fan base of individual investors last year … Read more

Ryan Cohen cashed out of Bed Bath & Beyond stock with more than $58 million profit; shares plunge again

Investor Ryan Cohen has confirmed that he sold his entire stake in retailer Bed Bath & Beyond Inc. with profit of more than $58 million, and shares plummeted in after-hours trading for a second consecutive day Thursday. A filing with the Securities and Exchange Commission that was made public after markets closed Thursday showed that … Read more

Looking for $100,000 Salary? See How Much the Biggest U.S. Companies Pay Workers

Wages for the median workers at the majority of big American companies are higher than they were before the pandemic, with the tight job market helping to lift paydays for many bank tellers, factory workers and software programmers. Compensation in 2021 for the median worker at 275 companies in the S&P 500 index was higher … Read more

Home Depot Sees Record First-Quarter Sales. The Stock Is Rising.

Text size Home Depot tops first-quarter earnings expectations. Justin Sullivan/Getty Images Home Depot ’s sales rose to the highest ever for the first quarter of the year. The retailer exceeded earnings expectations in the quarter. Earnings per share were $4.09, up from $3.86 a year earlier. Analysts expected earnings of $3.69 a share. “The solid … Read more