What do you think Bed Bath & Beyond could have done to avoid its impending bankruptcy? trib.al/bF2wFif

[THREAD] Bed Bath & Beyond is on the brink of bankruptcy after years of financial turmoil.

Here’s how the once-popular retailer got to this point trib.al/bF2wFif

Bed Bath & Beyond is on the brink of bankruptcy. We explain in this article how the retailer, famous for its 20% off coupons, ended up here.

bloomberg.com/news/articles/…

Layoffs, boardroom shake-ups and stock buybacks: Bed Bath & Beyond's undoing has been complicated -- and provides a cautionary tale of modern capitalism bloomberg.com/news/articles/… via Bloomberg Jeannette Neumann Eliza Ronalds-Hannon

NEW from Jeannette Neumann Eliza Ronalds-Hannon:
Inside the decline of Bed Bath & Beyond. The retail giant failed to take online shopping seriously — then product missteps and misguided financial maneuvers hastened its fall.
bloomberg.com/news/articles/…

Bed Bath & Beyond has started preparations for a bankruptcy filing, probably during the first quarter bloomberg.com/news/articles/… via Bloomberg Markets Jeannette Neumann Eliza Ronalds-Hannon

NEWS ON NEWS: The Pay Check podcast won a 2022 Front Page Award!!! Congrats to the NYC team Rebecca Greenfield Gilda Di Carli Sophie Alexander Susan Berfield Jeannette Neumann. You can listen to the episode I reported (on the maternal mortality crisis in Mexico) at the link!🏆🏆🏆🏆🏆

High-end perfumes and home scents are a standout in the luxury business as consumers stick with a habit that emerged in the pandemic bloomberg.com/news/articles/… via Bloomberg Jeannette Neumann

The US has accused Glen Point co-founder Neil Phillips of manipulating the FX market using a once-widespread strategy called 'barrier chasing.' The DoJ says it's fraud - many on Wall Street say it's just combative. Story w/Amelia Pollard Nishant Kumar

bloomberg.com/news/articles/…

FX trading is infamously opaque. So when trader Neil Phillips was arrested for a type of trade that's rumored to still occur quite often, it shook Wall Street. The DOJ is accusing him of market manipulation. For many on Wall Street, it’s just combative (1/5)

I've seen this movie before. Hopefully for Bed Bath & Beyond's employees it's a different ending.
bloomberg.com/news/articles/… via Bloomberg Jeannette Neumann

Some Bed Bath & Beyond suppliers are restricting or halting shipments even after the company secured new financing, posing a threat to the retailer’s recovery bloomberg.com/news/articles/… via Bloomberg Jeannette Neumann

I include myself in being deluded about what the pandemic meant to shopping behaviors. An academic quoted in the piece simply explains:

'Old habits worked for us, and we fall back into them very easily.'

bloomberg.com/news/features/… via Businessweek