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Bed Bath & Beyond Plans to Cut More Than 350 Employees

When it’s deliver-or-die, supply chains become the lifeblood of a company. To that end, the fashion industry has embraced technology to navigate today’s hyper-complicated supply chain, with myriad solutions shaping the first, middle and last mile. Call it Sourcing 2.0.

Bed Bath & Beyond plans to lay off hundreds of employees in two states, the latest sign of trouble in the retail landscape. On Monday, the home furnishings retailer announced a new $850 million, three-year secured asset-based revolving credit facility that replaces its existing $250 million unsecured revolving credit facility and expires in three years.The…

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