by Peter Giannetti | Nov 18, 2024 | Retail Articles
The Container Store Group received an extension on its deadline to secure a qualified financing transaction from November 14, 2024, from today to December 6, 2024. The Container Store entered into an amendment on October 8, 2024, to its existing term loan credit...
by Mike Duff | Oct 30, 2024 | Retail Articles
The Container Store missed Wall Street expectations in its second-quarter recent agreement by Beyond, Inc. to take a significant ownership stake in the organization specialty retailer. Consolidated net loss by The Container Store in its second quarter was $16.1...
by Peter Giannetti | Oct 28, 2024 | Retail Articles
Beyond Inc. Executive Chairman Marcus Lemonis has acquired 156,985 shares of Beyond’s common stock for $6.37 a share, a total value of $999,994, according to a recent SEC filing. Lemonis now holds 365,530 shares of the company. Lemonis’ share purchase follows Beyond’s...
by Mike Duff | Oct 24, 2024 | Retail Articles
In the midst of rapidly instituted changes as it reconfigures into a new, holding company-style operation, Beyond posted lower third-quarter sales and bigger losses that fell short of Wall Street expectations. Net loss was $61 million, or $1.33 per diluted share,...
by Mike Duff | Oct 21, 2024 | Featured News, Retail Articles
In what the companies describe as an initiative to revitalize the Bed Bath & Beyond brand, home decor and furnishings retailer Kirkland’s has entered into a partnership with Beyond Inc. that plans to restore brick-and-mortar operations of what now is an...