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Read More »Bed Bath & Beyond faces supply snags, slowing sales
Bloomberg Bed Bath & Beyond Inc blamed an unexpected fourth-quarter loss and slowing sales on global supply-chain disruptions and weakening consumer confidence. The retailer said that an “abnormally high†level of inventory was in transit, unavailable or held at ports through the early part of this quarter. That contributed to a larger-than-expected drop in sales and has thrown a …
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