Bed Bath and Beyond/Ford Motor Company

Just want to mention something before I get into the topics I am going to discuss in this post or article. I want to say that there isn't much change with both the oil and fuel prices since from what I have seen they have been pretty steady to say the least. With the fuel price sitting at about $1.26/liter for the bottom grade of gasoline with other grades being a bit higher and the oil price sitting at $77/barrel. Regarding the fuel prices, this depend on the city you live in.

With that said, I will get into today's topics regarding auto and retail but both being in retail. First I will talk about Bed, Bath and Beyond. The bed retailer has decided to close more stores and file for bankruptcy protection since they weren't able to find a buyer that could rescue it from bankruptcy. I thought that they were having problems earlier last year but I guess I misread the story. But they are finished along with their other businesses they have decided to close as well.

Now I will talk about the Ford Motor Company since I recently read some news about their electric vehicle division regarding the Ford Mustang E-SUV. Word has it that they are going to cut the price of their vehicle in order to compete with Tesla since they have started to cut the price of their vehicles. There is a price war going on here between the two car companies. I would expect to see this with regular vehicles but this is the first time I have seen EVs compete against one another.

So, the bottom line is that Bed, Bath and Beyond and Ford Motor Company are heading in different directions when it comes to their business operations. One is filing for bankruptcy due to running out of funds which says a lot when it comes to a lack of attention to detail when running a business. While the other has found a niche in which they can run with in order to compete against another company in getting and keeping the customers they have.