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Sue Gove

Bed Bath & Beyond announces strategic changes

Bed Bath & Beyond announces strategic changes

UNION, N.J. — Bed Bath & Beyond Inc. today announced reforms intended to hasten its latest turnaround. The changes — including store closings, job cuts and a revamped merchandising strategy — are aimed at improving its balance sheet and cash flows, the company said. The chain said same-store sales declined 26% for the three months