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Motley Fool
Is There Any Hope for Bed Bath & Beyond?
Plummeting sales, widening losses, and crashing comparable-store sales all mean that the home goods retailer now looks like a business that may be too threadbare to save. In late June, Bed Bath & Beyond announced that Mark Tritton was out as president, CEO, and board director and was being replaced on an interim basis by director Sue Gove, who has served in executive capacities at two other retailers, Golfsmith and Zale. It’s a long way down from the mountain of hope that surrounded Tritton when he took over executive leadership back in 2019.
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