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Inside Bed Bath & Beyond's Plan to Reduce Debt

Inside Bed Bath & Beyond's Plan to Reduce Debt

Big-box housewares retailer Bed Bath & Beyond (NASDAQ: BBBY) saw sinking sales for many years before ousting management in late 2019 and starting on a new path. Now that stores have reopened, sales are picking up, and with the closeout of PersonalizationMall.com, Bed Bath & Beyond has lifted the suspension of its debt reduction program. In the first-quarter conference call in July, Tritton laid out many of the ways the company is seeing progress, including an 82% increase in digital sales, and curbside pickup available at 60% of stores.