Home Decor
With some suppliers pulling back, Bed Bath & Beyond makes another move to shore up liquidity
[ad_1] UNION, N.J. – Amid reports that some Bed Bath & Beyond suppliers have halted shipping, the retailer today announced that it has bought back $31.5 million in bonds by issuing 2.8 million shares to the noteholder. Following the closing of the transaction, which is expected to close around Nov. 14, the exchange notes will […]
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Home Decor
Wayfair sues three suppliers; alleges complex fraud scheme
[ad_1] BOSTON – Online furniture retail giant Wayfair has sued three of its furniture suppliers, alleging the companies engaged in a complex scheme to cheat Wayfair out of extra payments. On Nov. 23, Wayfair filed a complaint against Rosevera Corp., Mulhouse Furniture, Fully Wind Co., former Rosevera CEO and Fully Wind vice president Ping Hua […]
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