bed bath & beyond
Another chapter in the ongoing Bed Bath & Beyond saga of reinvention has been written with the hiring of former Target executive Mark Tritton as the home specialty store’s new president/CEO.
Bed Bath & Beyond may be ready to sell off elements of its retail operation, as published reports indicate that the company has hired Goldman Sachs to help it divest at least some of its assets.
Bed Bath & Beyond has reduced its corporate workforce 7% as part of what company officials said is the retailer’s on-going effort to reset its cost structure.
Bed Bath & Beyond’s efforts to test new store layouts and merchandising techniques is the latest move by a major retailer to update its stores.
A group of activist investors is looking to replace Bed Bath & Beyond’s board of directors and its CEO Steve Temares, the Wall St. Journal reported on Tuesday.
After a challenging second quarter, Bed Bath & Beyond asserted that it will continue to work on reinventing its business and begin generating earnings and sales gains in 2020.
Bed Bath & Beyond has appointed Stephanie Bell-Rose, senior managing director at TIAA and head of the TIAA Institute, as an independent member of the company’s board of directors, effective May 18.
Bed Bath & Beyond has established a store-within-a-store concept in its Paramus, NJ-based location with the addition of Chef Central.
Third quarter sales at Bed Bath & Beyond were flat as comparable store sales for the period were down slightly.
Bed Bath & Beyond has accelerated what it said is the “realignment of its store management structure” which includes the reduction of 880 department and assistant store manager positions.
The July 17 issue of HOMEWORLD BUSINESS® features the 18th annual Impact Merchants special report. Housewares suppliers, representing the categories that HomeWorld covers, once again were asked to nominate buyers and merchandisers believed to have made a significant impact during the past year.