UNION, N.J. (AP) — Gustavo Arnal, the chief financial officer of retail chain Bed Bath & Beyond, has died, the company confirmed on Sunday.
The company said Arnal died on Friday. According to the New York City Police Department, police found the 52-year-old unconscious with injuries showing he fell from a building in Manhattan. He was pronounced dead in the scene and the New York City Medical Examiner’s Office will determine the cause of death. Police said an investigation was ongoing.
Arnal joined the company in May 2020 after previous stints at Avon, Walgreens Boots Alliance and Procter & Gamble.
“Gustavo will be remembered by all he worked with for his leadership, talent and stewardship of our Company. I am proud to have been his colleague, and he will be truly missed by all of us at Bed Bath & Beyond and everyone who had the pleasure of knowing him,” said Harriet Edelman, independent chair of the company’s board, in Sunday’s statement.
Bed Bath & Beyond has faced turbulence recently: Its shares made a monstrous run from $5.77 to $23.08 over a little more than two weeks in August, in trading reminiscent of last year’s meme-stock craze, when out-of-favor companies suddenly became darlings of smaller-pocketed investors. On Wednesday, the company said it would shutter stores and lay off workers in a bid to turn around its beleaguered business.
The home goods retailer based in Union, New Jersey, said it will close about 150 of its namesake stores and slash its workforce by 20%.
AUSTIN, Texas — A daylong series of attacks in Austin has left four people dead and at least three wounded, and a man believed to be connected to them and the deaths of two people near San Antonio was taken into custody, Texas authorities said.
FALMOUTH, MA – The police in Falmouth have identified the victim in an accident involving a car plunging into the ocean on February 20, NBC10 Boston reported.
BCHARRE, Lebanon (AP) — Majestic cedar trees towered over dozens of Lebanese Christians gathered outside a small mid-19th century chapel hidden in a mountain forest to celebrate the Feast of the Transfiguration, the miracle where Jesus Christ, on a mountaintop, shined with light before his disciples.
ATHENS - In the land where critical thinking was the standard of ancient education the method in Greece has long turned toward rote memorization, and it’s resulted in a constant decline in the performance of students in international assessments.
AUSTIN, Texas — A daylong series of attacks in Austin has left four people dead and at least three wounded, and a man believed to be connected to them and the deaths of two people near San Antonio was taken into custody, Texas authorities said.
Over 144 million people flocked to art museums around the world in 2022.
NEW YORK — Jonathan Majors' former girlfriend testified Tuesday that the actor was prone to fits of explosive rage, an escalating pattern that she said ultimately led to her assault in the backseat of a car and his career-halting arrest this past spring.
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