Bed Bath & Beyond has named Mara Sirhal svp and general manager for Harmon Health and Beauty Stores.
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The COVID-19 pandemic has driven Bed Bath & Beyond to adopt and advance initiatives quicker than it ever intended. However, that has helped the retailer boost its proficiency in developing and applying data and exercising its operational flexibility in application in ways that the company expects has better prepared it to thrive in the year ahead.
In the second quarter, Bed Bath & Beyond indicated that advances in core categories and digital operations helped drive comparable sales gains and an adjusted earnings turn around, but the company still fell short of a Wall Street earnings estimate.
After spinning off businesses including Personalizationmall.com, One Kings Lane and Christmas Tree Shops, Bed Bath & Beyond has entered into a definitive agreement to sell its remaining non-core banner, Cost Plus World Market, to Kingswood Capital Management, a Los Angeles-based private equity firm.
A new study from Bed Bath & Beyond dubbed “Enjoy the Present” suggests that consumers in the United States are ready to try new ways of celebrating the holidays.
As part of an Investors Day when it will be detailing strategic growth plans, Bed Bath & Beyond declared that it is communicating a clear customer value proposition to deepen connections with core customer segments while outlining the financial path the company is planning for the next three years.
Mark Tritton became Bed Bath & Beyond’s new president and CEO late last year and immediately faced the challenge of extending a turnaround strategy initiated by the board of directors but under the influence of new executives he brought on board soon after arriving.
A new advertising campaign from Bed Bath & Beyond is taking a multifaceted approach to positioning itself as the home retailer who can help address an acute lifestyle issue: getting enough sleep.
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.