After a dispute about the future of the company, Bed Bath & Beyond has entered into a cooperation agreement with Ryan Cohen and RC Ventures LLC, owner of 9.8% of the company’s outstanding shares, that could result in the spinoff of buybuy Baby. As part of...
Bed Bath & Beyond has responded to a critical letter to its board of directors from shareholder RC Ventures, which owns almost 10% of the company’s stock and is controlled by Gamestop Chairman and Chewy co-founder Ryan Cohen. The letter criticized the retailer’s...
Consumer spending on general merchandise finished 2021 up 15% versus the year earlier, with a 6% increase in unit sales, according to The NPD Group, and it wasn’t all holiday action. Although holiday shopping brought positive retail results, the early part of 2021...
