The 52-year-old executive had briefed investors days earlier on the retailer’s plans to secure new financing, slash jobs and close stores
After years of declining sales, Bed Bath & Beyond is facing an existential crisis. WSJ’s Suzanne Kapner explains why the company has fallen on hard times and looks forward to what’s next for the veteran retailer. Photo Illustration: Laura Kammermann/WSJ
Bed Bath & Beyond Chief Financial Officer Gustavo Arnal died by suicide Friday after jumping from a New York building.
Mr. Arnal, 52 years old, died two days after he had briefed investors on the retailer’s plans to secure new financing, slash jobs and close about a fifth of its namesake stores. The finance veteran had been with the company for about two years.
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