Bed Bath & Beyond Inc. reported mixed fourth-quarter results as the ongoing store closures and the sale of its non-core banners — both key to its turnaround strategy — took a toll on its sales.
Bed Bath & Beyond Inc. is focusing on inventory management in the next phase of its $250 million program to drive modernization and innovation in its technology platforms.
Kohl’s Corp. is pushing back against a group of activist investors who think the retailer is not moving quick enough to address “stagnant sales” and “declining gross margins” — issues that it said predate the pandemic.