Bed Bath & Beyond has tapped its chief accounting officer as interim CFO after its former executive died on Friday.
Shares of Bed Bath & Beyond were down by about 15% early Tuesday as investors weighed the struggling retailer’s path forward. The company is looking for a new CEO after its board ousted Mark Tritton in June. It said last week that it would eliminate the jobs of chief operating officer and chief stores officer.Gabby Jones / Bloomberg via Getty Images
The home goods retailer is trying to revive its business as sales slow and it loses market share to competitors. As it prepares for the holiday season, Bed Bath & Beyond announced last week that it had secured more than $500 million in new funding and laid out a new plan to manage costs, including store closures and layoffs.
If you or someone you know is in crisis, call 988 to reach the Suicide and Crisis Lifeline. You can also call the network, previously known as the National Suicide Prevention Lifeline, at
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bed Bath & Beyond CFO Gustavo Arnal faced $1.2B lawsuit before suicideGustavo Arnal, the chief financial officer and executive vice president of Bed, Bath & Beyond, was named in a huge lawsuit before he jumped to his death from a Manhattan building on Friday.
Read more »
Bed Bath & Beyond CFO Gustavo Arnal jumps to death from New York apartmentThat sale came as the retail chain’s stock was in the throes of a weeklong surge, fueled by the same sort of “meme stock” speculation on forums like Reddit that pushed GameStop’s stock to wild highs last year.
Read more »
Bed, Bath & Beyond CFO Gustavo Arnal Dead After Fall From New York Sky-RiseBed, Bath & Beyond’s chief financial officer Gustavo Arnal was confirmed dead after falling from a New York City skyscraper over the holiday weekend.
Read more »
Bed Bath and Beyond issue statement on death of CFO Gustavo Arnal: ‘Will be truly missed’Gustavo Arnal, chief financial officer and executive vice president of Bed Bath and Beyond, died on Friday, the company said in a statement on Sunday, without elaborating.
Read more »
Bed Bath & Beyond CFO Gustavo Arnal dies after falling from Jenga TowerThe chief financial officer of retail chain Bed Bath & Beyond has died.
Read more »
Bed Bath & Beyond Confirms Death of CFO Gustavo ArnalBed Bath & Beyond confirmed the death of CFO Gustavo Arnal. A person identified by New York City police as 52-year-old Gustavo Arnal died Friday in an apparent fall.
Read more »