
Shoppers are turning their backs on Bed Bath & Beyond
CNN
The home goods chain on Wednesday said sales plunged 22% in its fourth quarter ended March 31. Shares of Bed, Bath & Beyond (BBBY) fell about 1% Wednesday.
The retailer blamed the drop on a mix of challenges that have cooled momentum at its stores, including products stuck at ports and ongoing supply chain holdups that created shortages of key items.
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