The List of Bloodied Retailers is Longer Than Our J$&%$#!
Retail (Get New Sheets, Bed Bath & Beyond Sh*t the Bed)
We have a rock-solid "because of Hurricane Irma" excuse in the books, ladies and gentlemen. Bed Bath & Beyond ($BBBY) reported numbers on Tuesday and the market promptly pushed down the stock double-digit percent. Naturally the chorus of "#retailapocalypse"started dropping left and right (blah, blah Amazon). Revenue missed by $70mm and growth projections were ratcheted down.