WSJ News Exclusive | Chewy Co-Founder Ryan Cohen Takes Large Stake in Bed Bath & Beyond, Pushes for Changes

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WSJ News Exclusive | Chewy Co-Founder Ryan Cohen Takes Large Stake in Bed Bath & Beyond, Pushes for Changes
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This isn’t the first time that Bed Bath & Beyond has come under activist-shareholder pressure in recent years

Billionaire investor wants the chain to simplify its turnaround plan and consider a sale or separation of Buybuy Baby

Chewy co-founder Ryan Cohen, seen in 2019, says that Bed Bath & Beyond’s strategy is failing to stem sustained market share losses.Updated March 6, 2022 7:06 pm ET Ryan Cohen, the billionaire co-founder of online pet-products retailer Chewy Inc., has a big stake in Bed Bath & Beyond Inc. and is pushing the housewares retailer to streamline its strategy and explore strategic alternatives.

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