Bed Bath and Beyond is reporting that they will close 60 stores this fiscal year, a 50% increase to their original projection of 40 stores. Alex discusses the continued troubles we’re seeing from retailers and about how retail businesses should be investing in new growth initiatives like in-store pickup.
This is an excerpt from episode 32 of Winner Take All. Watch the full episode here: youtu.be/-Dq41iCjdBc
Bed Bath & Beyond store closings: Retailer increases projected closures to 60: www.usatoday.com/story/money/2019/10/02/bed-bath-beyond-closing-60-stores-coming-months/3847126002/
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