Home goods retailer Bed Bath & Beyond used to be on solid footing. Now it’s warning investors it might be headed for bankruptcy and has announced store closings, and its stock has seen deep declines.
<p><span>It is a pleasure to join this discussion today.</span><a title="footnote 1" href="https://www.federalreserve.gov/newsevents/speech/brainard20221010a.htm#fn1"><span>1</span></a><a name="f1"></a><span> Inflation is high in the United States and around the world reflecting the lingering imbalance between robust demand and constrained supply caused by the pandemic and Russia s war against Ukraine. Global supply chains have eased significantly, but by some measures they are still more constrained than at nearly any time since the late 1990s.</span><a title="footnote 2" href="https://www.federalreserve.gov/newsevents/speech/brainard20221010a.htm#fn2"><span>2</span></a><a name="f2"></a><span> High inflation places a burden on all Americans, but especially lower-income families, who spend three-fourths
Covid-19's accelerating spread has hampered operations and slowed sales at some companies in a matter of days, but many say they hope precautions adopted during previous surges will help them motor through this one.