Bed Bath & Beyond Strips Down to Its Essentials -- Is Now the Time to Buy?
With the recent sale of the Cost Plus World Market, the home decor retailer lost another non-core good in addition to a distribution center in New Jersey. What remains is a tightly focused business that focuses on home, baby, health and wellness. This shows that CEO Mark Tritton has proven himself adept at getting the retailer to prioritize what is necessary to survive. Bed Bath & Beyond was on the verge of irrelevance before activist investors sparked changes in the retailer.
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