Bed Bath & Beyond is giving its iconic blue coupon a second life — and shoppers who held onto one could cash in.

The company recently announced a nationwide “Legendary Coupon Hunt” to find the oldest surviving Bed Bath & Beyond coupon in America, while giving its customers a shot at a $100,000 home makeover.

Through July 13, shoppers can bring any Bed Bath & Beyond coupon to participating Bed Bath & Beyond + The Container Store and Kirkland’s Home stores nationwide.

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Bed Bath & Beyond recently announced a nationwide “Legendary Coupon Hunt” to find the oldest surviving Bed Bath & Beyond coupon in America, while giving its customers a shot at a $100,000 home makeover. (Bed Bath & Beyond / Fox News)

Bed Bath & Beyond said the campaign is designed to send Americans searching through kitchen drawers, glove compartments, attics, basements and old scrapbooks for its coupons.

“For decades, our customers treated these coupons like treasure,” Amy Sullivan, president of Bed Bath & Beyond, Inc., said in a statement. “They tucked them into purses, filing cabinets, cookbooks and memory boxes because they believed they would be valuable someday. We think they were right.”

Sullivan added, “The Legendary Coupon Hunt is our way of celebrating the customers who helped build this brand while creating one of the biggest customer events in our history.”

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Through July 13, shoppers can bring any Bed Bath & Beyond coupon to participating Bed Bath & Beyond + The Container Store and Kirkland’s Home stores nationwide. (Johnny Milano/Bloomberg via Getty Images / Getty Images)

Every coupon, including those that are faded and expired, will be honored and entered into the sweepstakes, the company said.

The grand prize winner will receive a $100,000 home transformation using products and services from Bed Bath & Beyond, The Container Store, Kirkland’s, Lumber Liquidators and Cabinets To Go.

The company will also award $500 gift cards to 100 winners and $100 gift cards to 50 winners.

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Bed Bath & Beyond said the campaign is designed to send Americans searching through kitchen drawers, glove compartments, attics, basements and old scrapbooks for its iconic blue coupons. (David Paul Morris/Bloomberg via Getty Images / Getty Images)

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“The winner of the $100,000 home transformation will have the opportunity to reimagine nearly every room in their home with products, inspiration and solutions from some of America’s most trusted home brands, creating a home that is more beautiful, functional and personalized to the way they live,” as noted in the announcement.

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Chipotle Mexican Grill shares fell again Monday, extending a difficult stretch for the burrito chain as investors continue to weigh whether a recent return to positive customer traffic is strong enough to offset mounting cost pressures squeezing the company’s margins.

Shares of the Newport Beach, California-based company were trading at $32.80 as of 12:19 p.m. EDT, down 55 cents, or 1.63%, on the day. The decline keeps the stock not far above its 52-week low of roughly $28.04, reached late last month, and well below the levels it traded at before a punishing 2025 that erased roughly 40% of the company’s market value from its 52-week high. The stock remains down about 14% so far in 2026 alone.

Chipotle’s struggles trace back to an unusually difficult stretch last year, when the company posted negative comparable restaurant sales for the first time in its history, a streak that ultimately ran for five consecutive quarters. Traffic declined, margins compressed, and two prominent institutional investors, Bill Ackman’s Pershing Square and Viking Global, exited their positions in the stock entirely during that period, contributing to the broader selloff that has weighed on shares ever since.

Signs of a turnaround emerged in the company’s first-quarter 2026 results. Chipotle reported revenue of $3.1 billion, up 7.4% year-over-year and ahead of analyst expectations, while comparable restaurant sales rose 0.5%, driven by a 0.6% increase in transactions, finally breaking the five-quarter streak of declining traffic. Chief Executive Scott Boatwright described the quarter as a meaningful step forward for the business.

“Tangible progress across operations, digital, menu innovation, people, and development,” Boatwright said.

Despite that improvement, the same quarterly report revealed continued pressure on Chipotle’s margins. Food, beverage and packaging costs rose to 29.6% of revenue from 29.2% a year earlier, while labor costs climbed to 26.1% from 25.0%. Operating margin for the quarter came in at 12.9%, a notable step down from the company’s peak margins of nearly 18% reached in 2024, before wage inflation, higher beef and freight costs, and softer average restaurant volumes began eating into profitability through 2025. Chipotle’s revenue has nonetheless grown steadily over time, climbing from $7.5 billion in 2021 to nearly $12 billion by 2025, even as the percentage of that revenue converted into operating profit has become harder to sustain.

On the company’s earnings call, Chief Financial Officer Adam Rymer addressed analyst questions about when margin pressure might ease, noting that the first half of the year was likely to remain the toughest stretch on a year-over-year basis as pricing gradually narrows the gap with inflation. Rymer pointed out that Chipotle’s pricing increase in the first quarter, at 0.9%, remained well below the mid-single-digit pace of inflation the company was experiencing, though he expressed confidence that gap would close as the year progressed. The company guided toward second-quarter comparable sales growth of roughly 1%, a modest step up from the first quarter’s half-percentage-point gain, while indicating that menu mix effects were expected to be roughly flat in the second quarter after dragging on results by about 1% in the first.

Despite the initially positive reaction to those first-quarter results, which had briefly pushed shares up more than 3% on the day they were announced, the stock’s momentum has since reversed sharply. Shares fell 4.6% on June 22 amid lingering concerns that Chipotle’s nascent traffic recovery might not be durable enough to offset both rising input costs and heavier promotional spending, a decline that came alongside a fresh analyst downgrade. Two days later, in the first regular trading session following the Juneteenth holiday, Chipotle shares dropped a further 6% to close at $30.54, a move that outpaced the broader restaurant sector and left the stock only modestly above its 52-week low at the time. Analysts following the stock have framed the central question facing the company not as whether diners are returning, but whether that returning traffic is arriving through smaller average orders, heavier use of loyalty rewards redemptions, and continued price restraint, all of which can support top-line sales while still squeezing profit margins.

Not every recent signal has been bearish. BTIG analyst Peter Saleh set a price target of $45 on the stock in late April, a level that would represent substantial upside from current trading levels and reflects continued confidence among some on Wall Street that Chipotle’s brand strength and long-term unit growth story remain intact even amid near-term margin noise.

Chipotle has also continued to invest in its brand and promotional strategy as part of its effort to sustain the early traffic recovery. The company recently launched its 2026 “Summer of Extras” rewards campaign, which offers free entrée incentives to loyalty program members, and has leaned into limited-time menu items such as Chipotle Honey Chicken as part of a broader push to drive engagement. Underscoring the importance of that strategy, Chipotle recently appointed Fernando Machado as its new Chief Brand Officer, a hire that places renewed emphasis on brand and digital execution as central levers for both traffic growth and pricing power going forward.

How effectively that new leadership and marketing push can translate into sustained comparable sales growth, without further eroding restaurant-level margins, is likely to remain the central question shaping investor sentiment toward the stock in the coming quarters. For a company that built its reputation in part on consistently expanding margins alongside rapid unit growth, the current stretch represents an unfamiliar test of whether Chipotle can simultaneously rebuild customer traffic and protect profitability at the same time, a balancing act that has so far left the stock trading well below the highs it set before its difficult 2025.

British American Tobacco is planning to cut about 20% of its workforce as it moves forward with using artificial intelligence (AI) to reshape its operations with the goal of lowering costs and boosting profits.

The maker of Lucky Strike and Dunhill cigarettes said Monday it plans to cut around 5,500 jobs and outsource about 3,500 roles to third-party firms, including Accenture. The restructuring would impact about 9,000 employees total, while excluding the U.S.

BAT didn’t specify where the jobs would be cut as its main profit driver of traditional tobacco faces a long-term decline amid the rise of smoking alternatives.

The company said the cost-cutting program is expected to deliver $793 million in annualized savings by 2028, with much of that total targeted by 2027.

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British American Tobacco announced job cuts as it implements AI to cut costs. (BSIP/Universal Images Group via Getty Images)

BAT CEO Tadeu Marroco said the overhaul would make the company more agile, cost-disciplined and technology-enabled.

“These changes affect many of our colleagues and we are focused on supporting them through this transition with care and respect,” Marroco said in a statement.

The company’s sales and profit growth have been slow in recent years, often missing or narrowly meeting company targets and disappointing some investors. BAT is aiming to grow its revenue between 3% and 5% per year over the medium term.

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The company said it has begun streamlining its manufacturing over the last 18 to 24 months, a process which included the previously announced closure of a factory in South Africa.

BAT expects traditional tobacco product sales to decline 2.5% across the industry this year. Due to that trend, the company is shifting its focus to alternatives like Vuse vapes and Velo nicotine pouches, though it lags behind industry rival Philip Morris International.

U.S. regulators have adopted a tough approach to approving licenses for new products like vapes, which have delayed the launch of new products. BAT said the approval challenges have led to an influx of illegal Chinese products, which has weighed on its sales and market share.

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Vuse vapes are a growing focus for British American Tobacco amid shifting consumer habits. (Daniel Acker/Bloomberg via Getty Images)

Tobacco sales in the U.S. have also been hit as smokers shift to cheaper brands amid high living costs, while BAT also faces rising import taxes, tighter regulations and illicit trade in markets like Australia and Bangladesh.

BAT said most of the role changes had been confirmed with employees, while remaining consultations were underway in compliance with local requirements.

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The company also said that roles transferred to third parties include positions in its Global Service Hubs in Costa Rica, Mexico, Romania and Malaysia, as well as certain roles in Pakistan, and some digital and technology roles in Poland and Romania.

Reuters contributed to this report.