Gustavo Arnal died Friday after falling from the top of a Tribeca tower, as the struggling retailer faces layoffs, store closures and falling share prices.
Bed Bath & Beyond CFO Gustavo Arnal died Friday after falling from a skyscraper in New York’s Tribeca neighborhood, local police and the home goods giant confirmed Sunday, as the company grapples with store closures, layoffs and falling share prices.
Shares of Bed Bath & Beyond plunged 21% on Wednesday, after the company announced it will close about 150 of its more than 1,020 stores and lay off roughly 20% of corporate and supply chain staff.
