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Beleaguered Bed Bath & Beyond Names New CEO

Bed Bath & Beyond has named its interim leader Sue Gove as its new chief executive officer. The struggling retail chain is in the process of closing 150 stores across the United States. The company is still without a permanent chief financial officer following the suicide of Gustavo Arnal last month. The company’s stock has fallen 65% since the start of the year.

Read the whole story at The New York Times »

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