Bed Bath & Beyond Is on the Verge of an Epic Comeback

(Bloomberg Opinion) — In many cases, the pandemic has served to entrench the previously existing winners and losers in the retail sector. Chains such as Macy’s Inc. and Kohl’s Corp., already deeply challenged before the public health crisis, look no closer to a turnaround. Walmart Inc. and Target Corp., meanwhile, have solidified their dominance with turbocharged sales. Against that backdrop, the latest quarterly earnings results from Bed Bath & Beyond Inc. stand out, because they show the long-suffering home goods chain to be in comeback mode. Bed Bath & Beyond, which also owns stores such as Buybuy Baby …read more

Source:: Yahoo Finance

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