10/30/2022 0 Comments Bed bath and beyond contact extention![]() ![]() ![]() Holding onto buybuy Baby - which Bed Bath & Beyond had put up for sale under shareholder pressure before reversing course in August - helped the parent company obtain its recent $375 million loan, the maximum amount it could borrow, a person familiar with the matter said. But other retailers – including Gap Inc’s Banana Republic and pharmacy retailer Rite Aid – are pushing baby goods, filling the void created by the 2017 bankruptcy of Babies ‘R’ Us parent Toys ‘R’ Us. The company’s buybuy Baby unit is the largest specialty baby-product retailer in the U.S., according to GlobalData. shoppers who currently spend $18.2 billion a year on baby goods. NEW YORK (Reuters) – Struggling home goods retailer Bed Bath & Beyond Inc is taking an axe to stores and jobs and overhauling its merchandising strategy, but its return to profitability anytime soon may hinge on luring U.S. ![]()
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