Bed Bath & Beyond (BBBY) is to close about 87 of its flagship stores. Alex Coffey and Jenny Horne discuss BBBY as it battles bankruptcy. They talk about how BBBY is closing 5 of their Buy Buy Baby stores, as well as all of its Harmon Drug Stores. All of the latest closures are in addition to its closings announced in August. They also talk about Carvana (CVNA) which is also seeing bankruptcy concerns. They note that CVNA is slashing costs and laying-off staff. Tune in to find out more about the stock market today.
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