Bed Bath & Beyond CFO Jumps to His Death After Struggling Retailer Forced to Close 150 Stores

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Gustavo Arnal

Mattress Bathtub & Past CFO Gustavo Arnal, 52, jumped to his dying from the 18th flooring of the ‘Jenga Constructing’ in New York Metropolis.

Final Wednesday Mattress Bathtub & Past announced it will likely be closing 150 shops because it struggles to restructure its enterprise.

The retailer additionally introduced it could be shedding 20% of its workforce.

In response to CNBC, Mattress Bathtub & Past secured $500 million in financing “to strengthen its steadiness sheet.”

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Gustavo Arnal, who was additionally an government for the struggling retail large, jumped to his dying from the Tribeca excessive rise on Friday.

The New York Submit reported:

The chief monetary officer of troubled Mattress Bathtub & Past has been recognized as the person who jumped to his dying from the long-lasting new Tribeca skyscraper often called the “Jenga Constructing,” The Submit has realized.

Gustavo Arnal, 52, who was additionally an government vp for the struggling dwelling items retailer, plunged from the 18th flooring of 56 Leonard Avenue on Friday, police sources stated.

The 60-story constructing is greatest recognized for its purposely misaligned flats stacked atop one another, resembling the favored sport “Jenga.”

Messages left with Mattress Bathtub & Mattress and Arnal’s household Saturday weren’t instantly returned.

On Aug. 16, Arnal bought 42,513 shares in firm inventory for somewhat over a $1 million, based on MarketBeat.com.





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