Although it is exploring an alternative deal that might keep at least some of its stores in operation, Big Lots announced that it does not anticipate completing an asset purchase agreement with Nexus Capital Management and will commence going-out-of-business sales. If...
Bed Bath & Beyond has once again announced that it has extended its previous offers to exchange any and all of its outstanding senior notes after limited success in getting holders to make the trade-ins. The extension includes offers to convert 3.749% senior notes...
At a time when both suppliers and the financial community are concerned about its prospects, Bed Bath & Beyond has announced that it will hold a conference call to provide a business and strategic update on August 31 at 8:15 a.m. Eastern Time. Sue Gove, director...
For the second quarter, Wayfair recorded a loss during a period the company’s chairman termed “difficult.” Net loss for the quarter was $378 million, or $3.59 per diluted share, versus net income of $131 million, or $1.14 per diluted share in the year-previous period....