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Wedbush upgrades Wayfair to buy and sees retailer as potential recipient of Bed Bath & Beyond business; home furnishings industry expected to see 3% decline in 2023, but Wayfair should grow in no-growth environment as it gains market share

Oppenheimer says Target stands to benefit from Bed Bath & Beyond bankruptcy, sees increase of US$0.14-US$0.28 in Target's EPS once BBB fully liquidates; analyst also bullish on Target for its expanding digital footprint, partnerships with other brands

Bed Bath & Beyond sinks 35% after the retailer says it lacks funds to pay debts and receives a default notice from JPMorgan

Bed Bath & Beyond reportedly in talks with private equity firm Sycamore Partners for sale of assets, including its buybuy Baby stores, as part of bankruptcy, per New York Times; company says it does not comment on speculation, is exploring multiple paths

Bed Bath & Beyond releases updated list of store closures set to take place by March as company looks to cut costs, considers bankruptcy; list includes 56 stores that were announced in September, plus 62 new closures

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