Monday, 20 Jan 2025

Bed Bath & Beyond executive fell to death from New York tower, police say

Bed Bath & Beyond executive fell to death from New York tower, police say


Bed Bath & Beyond executive fell to death from New York tower, police say
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Gustavo Arnal, 52, joined Bed Bath & Beyond in 2020. He previously worked for the cosmetics brand Avon, in London and Walgreens Boots Alliance. He also had a 20-year stint with Procter & Gamble, according to his LinkedIn profile.

On Friday at 12.30pm, police responded to a 911 call and found a 52-year-old man dead near the 60-story tower at 56 Leonard Street that gets its name from the way the apartments are stacked like blocks in the Jenga game.

Last week, the company said it would close 150 stores, cut jobs and overhaul its merchandising strategy in an attempt to turn around its business. It reported that comparable sales fell 26% in the last quarter and it burned through about $325m of cash reserves.

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