Bed Bath & Beyond, the ultimate meme stock, has had a wild week
and discontinued Wild Sage, a private brand of bedding, decor and furniture launched in June 2021.
Independent board director Sue Gove is serving as interim CEO while the company searches for a permanent replacement. "We were pleased to have reached a constructive agreement with RC Ventures in March and are committed to maximizing value for all shareholders," Bed Bath & Beyond said in a statement."We are continuing to execute on our priorities to enhance liquidity, make strategic changes and improve operations to win back customers, and drive cost efficiencies; all to restore our company to its heritage as the best destination for the home, for all stakeholders.
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