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Stock impact report

Major baby retailer to close all its stores — again [Yahoo! Finance]

Beyond, Inc. (BYON) 
Company Research Source: Yahoo! Finance
In a blog post published last week, the company announced plans to close all of its stores nationwide over the next few months. There are less than a dozen buybuy Baby locations still open, scattered across Connecticut, Delaware, Maryland, Massachusetts, New Jersey, New York and Virginia. The retailer said it plans to strengthen its online shopping experience as it moves to an online-only business model. “buybuy BABY is transforming into a digital-first brand, focusing all our energy on providing an exceptional online shopping experience. This decision comes after listening closely to you, our incredible customers, and our valued partners. Your feedback has been invaluable in shaping this new chapter,” the company explained in an FAQ post Closing sales at the remaining buybuy Baby stores began on Friday. Gift cards will be accepted through Oct. 31, according to the company, while baby registries will remain available on the website “We understand this may be disappointing new Show less Read more
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