For its three-day Black Friday promotional event, beginning November 28, Bed Bath & Beyond will, for the first time, offer customers a 25% off entire purchase in-store only coupon.
bed bath and beyond
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.
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.
As it continues development of private labels, Bed Bath & Beyond has launched its first children’s furnishings own brand, Marmalade.
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.
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.
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.
In a second private label home furnishings launch, Bed Bath & Beyond has introduced the One Kings Lane Open House collection.
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.
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.
Interim CEO Mary Winston laid out management’s priorities for Bed Bath & Beyond in a quarter that features sliding comps and a net loss.
After continued pressure from an activist investor group, Bed Bath & Beyond has announced the departure of long-time CEO Steven Temares.
An activist investor group, Legion Partners Holdings, Macellum Advisors and Ancora Advisors, said that Legion has filed a complaint in the U.S. District Court, Southern District of New York against Bed Bath & Beyond regarding the group’s 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.”
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.
An activist investor group comprised of Legion Partners Holdings, Macellum Advisors and Ancora Advisors has released a statement commenting on Bed Bath & Beyond’s announcement of certain changes to its board of directors: