Bed Bath & Beyond closing 120 stores, laying off 20% of corporate after securing $500m in finan...

Bed Bath & Beyond closing 120 stores, laying off 20% of corporate after securing $500m in financing

Artic Blast Overview: Relief. Freedom. Release From Pain. In 54 Seconds. Get your life back...Without pills or surgery. Learn More: http://bvyml.bemobtrcks.com/go/76680f19-d7df-44c4-8fb1-1c018be05193

Keep Your Family Safe From Mosquitos Without Using Chemicals: http://bvyml.bemobtrcks.com/go/c696e3db-781e-4543-b2e1-23e4e4b03b6a

Be one of the first to receive the debut presidential-edition 2024: The Revenge Tour watch (not available in stores!) GO HERE TO CLAIM: http://bvyml.bemobtrcks.com/go/bf6bf902-cdb2-4db8-bd7c-42adaa0b416f

The Facts Inside Our Reporter’s Notebook U.S. retailer Bed Bath Beyond said it was laying off a large percentage of its corporate workforce and shuttering over 100 of its stores after it secured half a billion dollars in financing to try and stay afloat amid major financial difficulties. 
The company said in a news release on Wednesday that it had "secured financing commitments for more than $500 million of new financing" and was further planning an at-the-market offering program "for up to 12 million shares of common stock."
Yet the major new line of credit did not stop the company...
Source: https://justthenews.com/nation/economy/bed-bath-beyond-closing-120-stores-laying-20-corporate-after-securing-500m-financing?utm_source=justthenews.com&utm_medium=feed&utm_campaign=external-news-aggregators