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Steve loves working afternoons since it means he doesn't have to get up as early as some. He likes grilled meats, cold hard cider or a good Gin and,...Full Bio

 

Is Bed Bath & Beyond turning off AC in stores to save money?

Retailers typically want their sales numbers to be red hot, not their customers. But Bed Bath & Beyond (BBBY) is reportedly dealing with cooled momentum and heated customers at its stores.

A new report from Bank of America claims that the company has cut air conditioning in an effort to quickly lower expenses to make up for a slump in sales.

Bed Bath & Beyond told CNN that any changes in store temperature guidelines did not come from corporate. “We’ve been contacted about this report, and to be clear, no Bed Bath & Beyond stores were directed to adjust their air conditioning and there have been no corporate policy changes in regard to utilities usage,” said a representative.

Source CNN Business

Bed Bath & Beyond store

Photo: Getty Images


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