Bed Bath & Beyond has been accused of turning down the air conditioning in stores to reduce costs as the retailer struggles with a drop in sales.
Bank of America analysts additionally reported reduced employee hours and store operating hours, as well as canceled remodeling projects and replaced rewards programs.
"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," company officials said.
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