Mattress Bathtub & Past announces retail store closures, layoffs and new funding to fix struggling company

A Bed Tub & Over and above shop is seen on June 29, 2022 in Miami, Florida.

Joe Raedle | Getty Pictures Information | Getty Images

Bed Bath & Outside of on Wednesday announced swift and major actions it is having to test to revive its struggling company, such as layoffs, store closures and a shake-up of the makes on its cabinets.

On a connect with with traders, the New Jersey-based mostly retailer laid out particulars of its most recent turnaround push. It explained it has started out closing about 150 of its “lower manufacturing” namesake stores. It will also

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For Black-owned businesses, pandemic closures followed by resurgence

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The rib joint and whiskey bar that Terri Evans opened in the South Loop of Chicago with her 401(k) savings drew mostly tourists and convention-goers — until the coronavirus pandemic and stay-at-home orders swept the country beginning March 2020. Evans worried about keeping her 12 full-time employees on the payroll.

“When things went dark, they went really dark,” said Evans, 47. “It was time to get creative and a little scrappy.”

She decided to start a new business delivering food and liquor to the city’s boating community, spread among Chicago’s 10 harbors in Lake Michigan.

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