bed bath and beyond

Retail
Bed Bath & Beyond Receives Corporate Board Gender Diversity Award

Bed Bath & Beyond has received Executive Women of New Jersey’s (EWNJ) 2019 Corporate Board Gender Diversity Award in recognition of the company’s impactful level of gender inclusion by having three or more women on its board of directors. 

Other
BB&B Gives Tritton A Big-League Opportunity

I’ve been known to drop a sports metaphor in this space from time to time (the former sportswriter in me breaking loose). So, please indulge me if the hiring of Mark Tritton as Bed Bath & Beyond’s president and CEO had me thinking of all the Major League Baseball teams currently interviewing for a new manager.

Appliances
Calphalon Launches ActiveSense Blender

Calphalon has launched the Calphalon ActiveSense blender, which is said to precisely blend on its own with the help of five preset food settings for commonly blended foods and drinks including smoothies, salsas, milk shakes, juices, and frozen beverages.

Financials
Bed Bath & Beyond To Close 60 Stores As Q2 Sales Decline

Bed Bath & Beyond has reported mixed second quarter results, including the closure of 60 stores, asserting that its turnaround initiatives have improved its financial condition. However, questions remain over when the retailer will select its new CEO and if any significant assets will be divested.

Retail
Bed Bath & Beyond Teams With Vebo For Registry Gift Experiences

Bed Bath & Beyond has launched a new wedding registry category, Gift Experiences. In an exclusive partnership with experience platform Vebo, new and current registrants at Bed Bath & Beyond can now select and add Gift Experiences to their registry for more than 300 memorable experiences, in addition to adding items from the retailer’s product assortment.

Retail
Bed Bath & Beyond Getting Closer To Asset, CEO Decisions

In a letter to shareholders sent by board chairman Patrick Gaston and interim CEO Mary Winston, Bed Bath & Beyond stated it was advancing on its strategic objectives including consolidation of non-core business at a time when there is speculation that the company will begin to sell at least some assets.

Retail
Bed Bath & Beyond Will Invest To Transform Company

Bed Bath & Beyond will continue to evaluate ways to cut costs as it reviews the company’s portfolio of retail banners. But the retailer will continue to invest in its core business including store operations, omnichannel functions and integration, and advertising to continue serving the loyal core customer base and to “broaden the tent” particularly to draw younger shoppers, Mary Winston, the company’s interim CEO, said at the corporate annual meeting.

Retail
Investor Group Steps Up Bed Bath & Beyond Proxy Fight

A group of activist investors, Legion Partners Holdings, Macellum Advisors and Ancora Advisors, have stepped up their efforts to make changes at Bed Bath & Beyond, issuing a new statement regarding what it said are recent “misleading claims and shareholder-unfriendly actions from Bed Bath & Beyond.”

Retail
Investor Group: More Changes Needed At Bed Bath & Beyond

Following Bed Bath & Beyond’s recent changes to its board, an activist investor group composed of Legion Partners Holdings, Macellum Advisors and Ancora Advisors, have released a presentation outlining its strategic plan for the retailer. Within hours, Bed, Bath & Beyond responded.

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