Regent, a Los Angeles-based investment firm with expertise in the retail and apparel sectors, has acquired Zulily, from Qurate Retail, the companies announced in a joint statement. Zulily was a wholly owned Qurate Retail subsidiary and the company noted that the...
Bed Bath & Beyond announced it filed a prospectus supplement with the United States Securities and Exchange Commission registering additional shares of its common stock available for sale under an existing market offering program, with a maximum aggregate offering...
Bed Bath & Beyond missed Wall Street estimates for the second quarter as sales slid and losses mounted. Net loss was $366.2 million, or $4.59 per diluted share, versus a net loss of $73.2 million, or 72 cents per share, in the year-before quarter. Adjusted for...
As it announced the successful completion of financing agreements the day after revealing plans to change the company’s strategic direction, including a re-emphasis on national brands, Bed Bath & Beyond has become the subject of greater scrutiny as to its...
As it worked to bring inventories down and serve shoppers with a broader range of bargains, Big Lots posted comparable sales and earnings declines but still did better than Wall Street expected. For the second quarter, Big Lots posted a net loss of $84.2 million, or...
