Bed Bath & Beyond snared by ongoing supply issues

By Associated Press

Bed Bath & Beyond was unable to overcome supply issues during the final quarter of the year that have tripped up the home goods chain for months and it warned Wednesday that those problems are carrying over into the new year. Shortages led to an estimated negative impact of about $175 million in sales during the quarter, CEO Mark Tritton said. Comparable store sales, which includes online sales, slumped 12%.

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Via:: Sports Headlines


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