Why Bed Bath & Beyond Inc. Stock Plunged 30% So Far in 2017

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What happened

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Shares of Bed Bath & Beyond (NASDAQ: BBBY) have lost nearly a third of their value since the beginning of the year, according to data provided by S&P Global Market Intelligence

So what

Bed Bath & Beyond began 2017 with some serious downward momentum, after reporting a 29% drop

The retailer would go on to report falling profits39% plunge

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Now what 

Bed Bath & Beyond, like many traditional retailers, is struggling with declining in-store traffic. Its e-commerce operations show promise, with sales growth of more than 20% in recent quarters. But it's a case of too little too late, as digital sales still comprise only a small portion of Bed Bath & Beyond's total revenue.

Worse still, with online juggernaut Amazon.com offering an ever-growing selection of home goods, it's going to be increasingly difficult for Bed Bath & Beyond to compete successfully in the e-commerce arena going forward. With more and more retail purchases shifting online every year

There is hope that a private equity buyer could make a bid for Bed Bath & Beyond. Staples -- another struggling retailer -- recently received such an offer

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