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The Container Store announces appointment of Stacy Shively as chief merchandising officer and promotion of Dhriti Saha to COO; Shively most recently served as SVP at Bed Bath and Beyond, while Saha was Container Store's chief information officer

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S&P downgrades estimation of Bed Bath & Beyond's debt to CC with outlook negative on news of debt-exchange offer; CC is a 'speculative grade,' indicating debt is 'highly vulnerable; default has not yet occurred, but is expected to be a virtual certainty'

Retail Dive: As consumers tighten wallets in 2022 amid inflation, retailers with 9.99%-50% chance of bankruptcy within next 12 months include Bed Bath & Beyond, Kirkland's, Party City, The RealReal, Rite Aid, Tuesday Morning, Wayfair

Goldman Sachs reiterates Bed Bath & Beyond's sell rating and US$2 target following fiscal Q2 report, says retailer will have hard time driving customers to its store, especially in H2, given amount of competition expected in home goods industry

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