Bed Bath & Beyond has expanded its relationship with Google Cloud through a multi-year collaboration that will accelerate its omni-always transformation, enabling the company to better serve customers in a digital-first environment. To perform this work, Deloitte will also serve as strategic transformation services partner.
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Bed Bath & Beyond has appointed Juan Guerrero as svp/chief supply chain officer, effective immediately. Guerrero will report directly to COO and president of buybuy Baby, John Hartmann, and be responsible for leading the transformation and optimization of the company’s global supply chain network.
Bed Bath & Beyond has appointed Rick Wilkins as regional vice president for the west region, effective immediately. Wilkins will report directly to Gregg Melnick, evp/chief stores officer, and will play a key role in the planning and execution of the company’s store optimization strategy.
Bed Bath & Beyond has appointed Wade Haddad as svp/real estate and construction. Haddad joins with over 25 years of real estate experience and will lead the company’s recently announced store optimization strategy.
“College from Home” is a new Bed Bath & Beyond take on its back to school/college campaign. The retailer is launching the initiative in cooperation with online interior design brand Decorist as a dedicated effort to help parents and their children redesign bedrooms as remote learning spaces.
Bed Bath & Beyond has completed the sale of PersonalizationMall.com (PMall) to 1-800-Flowers.com, Inc. for $245 million, subject to certain customary post-closing adjustments. PMall will continue to provide product and personalization services to the company’s Bed Bath & Beyond and buybuy Baby retail concepts.
Bed Bath & Beyond is joining the list of retailers that plan to close stores on Thanksgiving Day in the U.S. and Canada, including Bed Bath & Beyond, buybuy Baby, Christmas Tree Shops, Harmon Face Values and Cost Plus World Market.
Bed Bath & Beyond has appointed Lynda Markoe as evp/chief people and culture officer. Markoe has extensive industry experience from over 30 years at major retailers and will join Bed Bath & Beyond in September 2020.
Bed Bath & Beyond and 1-800-Flowers.com have entered into a settlement agreement with respect to the litigation relating to the previously announced sale of PersonalizationMall.com.
Bed Bath & Beyond has appointed Neil Lick svp/owned brands and leader of a newly formed team that will develop and launch a portfolio of customer-inspired owned brands from 2021.
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.”