Bed Bath & Beyond has fallen as much as 15% due to the competition in the home goods sector of the market. This company is known for their diverse selection of home goods as well as gift registries for major events such as weddings or graduations. It sounds like a broken record, but the retail space is shifting as we know it any very few are pushing through it with massive success.
A company such as Bed Bath & Beyond needs to up their online presence if they stand to compete against the Amazons and Walmarts of the world. Retail companies have been pressured, but this can create value for investors. Value is what we all are searching for, but this takes time and patience to wait for the right opportunity.