bed bath and beyond
As the company reopens stores, Bed Bath & Beyond is welcoming back customers with the new “Home is Everything” advertising campaign.
Bed Bath & Beyond has strengthened its liquidity position by executing an $850 million three-year secured asset-based revolving credit facility, or ABL facility, with a syndicate of banks, while also providing additional information on its store reopening process.
According to Placer.ai, January to May foot traffic cross-shopping patterns over the past three years may provide some indication of who stands to benefit from Pier 1’s demise.
Bed Bath & Beyond has appointed Harriet Edelman as independent chair of the board, effective immediately. Patrick Gaston has stepped down as chairman of the board and, after 13 years as a director of the company, has notified the board that he does not plan to stand for re-election at the company’s 2020 annual meeting of shareholders.
To support a just-launched initiative, Bed Bath & Beyond is releasing a new television commercial dubbed “Home Is Everything.”
Bed Bath & Beyond has initiated a $10 million “Bringing Home Everywhere” program to donate essential items that can help people affected by COVID-19.
Bed Bath & Beyond has appointed Cindy Davis as evp/chief brand officer of Bed Bath & Beyond and president of Decorist, effective May 26, 2020. Davis will report directly to Mark Tritton, Bed Bath & Beyond’s president and CEO.
Based on the latest guidance from federal, state and local government and health authorities, and in the interest of the health and safety of its customers and associates, Bed Bath & Beyond is further extending the temporary closure of its stores, other than buybuy Baby and Harmon stores, until at least May 16, 2020. At the same time, the company is expanding the network of locations customers can buy-online-pick-up-in-store, or use contactless, curbside pick-up.
Bed Bath & Beyond has appointed John Hartmann as chief operating officer of Bed Bath & Beyond and president, buybuy Baby, effective May 18, 2020. Hartmann will report directly to Mark Tritton, president and CEO, and be a key member of a streamlined senior leadership team.
Nordstrom has appointed two new members to its board of directors: Jim Donald, co-chairman of Albertsons board of directors and Mark Tritton, president and CEO of Bed Bath & Beyond.
Based on the latest guidance from federal, state and local government and health authorities, Bed Bath & Beyond is extending the temporary closure of its retail stores until at least May 2, 2020.
Update: Bed Bath & Beyond has updated its COVID-19 response. By Monday morning, March 23, 2020, the company will temporarily close all its retail banner stores across the U.S. and Canada, other than its buybuy Baby and Harmon Face Values stores, subject to state and local regulations.