Beyond, Inc. issued an update on its agreement to acquire a minority stake in The Container Store, warning the deal might fall through if The Container Store can’t secure new financing. The pending $40 million investment transaction might collapse, Beyond...
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...
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,...
As it works to achieve profitability, Beyond stated in a filing with the United States Securities and Exchange Commission it would reduce its workforce by 20%, and it announced the departure from the company of former chief product officer Carlisha Robinson. On...
The Container Store Group, citing a goal to boost customer satisfaction and return to profitability, has entered into a strategic partnership that will make Beyond, Inc. a major minority owner. The partnership will leverage the Bed Bath & Beyond brand and The...
