Bed Bath & Beyond CFO plunges to death at New York's Jenga tower

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Bed Bath & Beyond CFO plunges to death at New York's Jenga tower
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Bed Bath & Beyond CFO plunges to death at New York's Jenga tower

The police statement did not provide further details on the circumstances leading to Arnal’s death but added that the New York City Medical Examiner’s Office will now determine the cause of the fatality.On Aug. 16, Arnal, sold 55,013 shares in the company, Reuters’ calculations showed based on SEC filings.Article content

The big-box chain – once considered a so-called “category killer” in home and bath goods – has seen its fortunes falter after an attempt to sell more of its own brand, or private-label goods. Last week, Bed Bath & Beyond said it would close 150 stores, cut jobs and overhaul its merchandising strategy in an attempt to turn around its money-losing business.

Bed Bath & Beyond forecast a bigger-than-expected 26% slump in same-store sales for the second quarter and said it would retain its buybuy Baby business, which it had put up for sale. The 60-story tower at 56 Leonard Street in Tribeca gets its name from the way the apartments are stacked like blocks in the Jenga game.

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