Bed Bath & Beyond suffered a rough third quarter, with earnings dipping into the red, but in his first conference call as the company’s CEO, Mark Tritton provided his view of how the company would turn things around, including an expansion of in-store pickup and the launch of a new vendor collaboration program.
Bed Bath & Beyond is making an extensive restructure of its leadership team, including the departure of six senior members. The move reflects the priorities of new president and CEO, Mark Tritton, who will launch his new vision for the company in early 2020.
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.
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.
Target has named Michael Fiddelke evp/chief financial officer, effective November 1. The retailer also updated its merchant leadership following Mark Tritton joining Bed Bath & Beyond as CEO.