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Aug. 3, 2020, 8:10 a.m. EDT

Bed Bath & Beyond to close stores on Thanksgiving, unveil holiday plans

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By Tonya Garcia

Bed Bath & Beyond Inc. /zigman2/quotes/209801102/composite BBBY +4.31% said it will be closing its stores on Thanksgiving Day, joining other mass retailers, including Walmart Inc. /zigman2/quotes/207374728/composite WMT +0.52% that will give workers the day off for the holiday. The home goods retailer also said it would soon announce plans for the holidays. Target Corp. /zigman2/quotes/207799045/composite TGT +0.66% has already talked up its holiday plans, as retailers move quickly past back-to-school and get a jump on the big Christmas shopping season. Bed Bath & Beyond stock has slumped 37.5% for the year to date while the S&P 500 index /zigman2/quotes/210599714/realtime SPX +0.30% has gained 1.3% for the period.

/zigman2/quotes/209801102/composite
US : U.S.: Nasdaq
$ 13.93
+0.58 +4.31%
Volume: 13.57M
Sept. 24, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$1.68 billion
Rev. per Employee
$191,341
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/zigman2/quotes/207374728/composite
US : U.S.: NYSE
$ 136.70
+0.71 +0.52%
Volume: 9.75M
Sept. 24, 2020 4:00p
P/E Ratio
21.79
Dividend Yield
1.58%
Market Cap
$385.36 billion
Rev. per Employee
$223,654
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/zigman2/quotes/207799045/composite
US : U.S.: NYSE
$ 152.00
+0.99 +0.66%
Volume: 3.22M
Sept. 24, 2020 4:02p
P/E Ratio
21.94
Dividend Yield
1.79%
Market Cap
$75.60 billion
Rev. per Employee
$209,322
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/zigman2/quotes/210599714/realtime
US : S&P US
3,246.59
+9.67 +0.30%
Volume: 2.39B
Sept. 24, 2020 5:06p
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