According to WedBush, a newly revamped board of directors has led to much-improved governance and better shopping experiences.
According to Basham, the new changes have led to much-improved governance. The company has, eliminated the role of the chief operating officer, and plans to cut inventory by about $1 billion, or 35%.
Bed Bath & Beyond also said on a recent earnings call that it is "reviewing and optimizing the company's asset base, including our portfolio of retail banners."to evaluate potential offers for some of its core divisions, including the sale of its Cost Plus World Market business.
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