Reporter for Bloomberg in New York. I write about the luxury retail sector. Previously in Madrid. [email protected] Formerly @WSJ
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Joined January 2010
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Jeannette Neumann retweeted
What do you think Bed Bath & Beyond could have done to avoid its impending bankruptcy? trib.al/bF2wFif
Jeannette Neumann retweeted
[THREAD] Bed Bath & Beyond is on the brink of bankruptcy after years of financial turmoil.
Here’s how the once-popular retailer got to this point trib.al/bF2wFif
Bed Bath & Beyond is on the brink of bankruptcy. We explain in this article how the retailer, famous for its 20% off coupons, ended up here.
bloomberg.com/news/articles/…
Jeannette Neumann retweeted
Layoffs, boardroom shake-ups and stock buybacks: Bed Bath & Beyond's undoing has been complicated -- and provides a cautionary tale of modern capitalism bloomberg.com/news/articles/… via @business @JENeumann @ElizaHannon
Jeannette Neumann retweeted
NEW from @JENeumann @ElizaHannon:
Inside the decline of Bed Bath & Beyond. The retail giant failed to take online shopping seriously — then product missteps and misguided financial maneuvers hastened its fall.
bloomberg.com/news/articles/…
Jeannette Neumann retweeted
Bed Bath & Beyond has started preparations for a bankruptcy filing, probably during the first quarter bloomberg.com/news/articles/… via @markets @JENeumann @ElizaHannon
Jeannette Neumann retweeted
NEWS ON NEWS: The Pay Check podcast won a 2022 Front Page Award!!! Congrats to the NYC team @rzgreenfield @gdicarli @sooo__phie @susanberfield @JENeumann. You can listen to the episode I reported (on the maternal mortality crisis in Mexico) at the link!🏆🏆🏆🏆🏆
2022 Front Page Awards: "The Paycheck" by the @Bloomberg team wins for Audio: Feature!
Listen to the award-winning podcast: podcasts.apple.com/us/podcas… - #FPA2022
Jeannette Neumann retweeted
High-end perfumes and home scents are a standout in the luxury business as consumers stick with a habit that emerged in the pandemic bloomberg.com/news/articles/… via @business @JENeumann
Jeannette Neumann retweeted
FX trading is infamously opaque. So when trader Neil Phillips was arrested for a type of trade that's rumored to still occur quite often, it shook Wall Street. The DOJ is accusing him of market manipulation. For many on Wall Street, it’s just combative (1/5)
1/ Some Bed Bath & Beyond suppliers say they are restricting or halting shipments even after the company secured new financing because they're worried about the retailer's future.
w/ @ElizaHannon
bloomberg.com/news/articles/…
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3/ But we spoke to suppliers who told us they are still worried about getting paid given Bed Bath's tough financial outlook. “We’d rather keep our product for customers that we expect will pay us with no issues and no problems,” dbest products CEO Richard Elden told us.
4/ It’s an inopportune time for a pullback among suppliers. Bed Bath is heading into the crucial holiday season and is in the midst of a major strategic shift. It's discontinuing some of its private-label lines that haven’t been selling well.
bloomberg.com/news/articles/…
Jeannette Neumann retweeted
I've seen this movie before. Hopefully for @BedBathBeyond's employees it's a different ending.
bloomberg.com/news/articles/… via @business @JENeumann
Jeannette Neumann retweeted
Some Bed Bath & Beyond suppliers are restricting or halting shipments even after the company secured new financing, posing a threat to the retailer’s recovery bloomberg.com/news/articles/… via @business @JENeumann
Jeannette Neumann retweeted
I include myself in being deluded about what the pandemic meant to shopping behaviors. An academic quoted in the piece simply explains:
"Old habits worked for us, and we fall back into them very easily."
bloomberg.com/news/features/… via @BW
1/ Some US retail executives are rethinking the corporate playbook of the past several decades. After years of supply-chain chaos, they've decided to move some of their production from China to the US and Mexico despite higher costs. w/ @gutavsaraiva
bloomberg.com/news/articles/…
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