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January 7, 2021
Executing on Strategy; Delivering Consistent Sales and EBITDA Growth 2 +5% comparable sales growth on core Bed Bath & Beyond banner 1; + +94% digital comparable sales growth on core Bed Bath & Beyond banner; +77% digital comparable sales growth on total enterprise +11% comparable sales growth in Top 5 destination categories combined (as referred below), representing 2/3 of core Bed Bath & Beyond banner sales; Market share gains in destination Bed category, with improving trends in Bath and...
January 6, 2021
Bed Bath & Beyond stores closing list The following 43 stores are the latest Bed Bath & Beyond stores slated to close by the end of February 2021. Approximately 200 stores will close over the next two years. Arkansas Bed Bath & Beyond closing store Conway: 1272 South Amity Road Arizona Bed Bath & Beyond closure Peoria: 24760 N. Lake Pleasant Parkway California Bed Bath & Beyond closing stores El Cerrito: 6000 El Cerrito Plaza Gilroy: 6725 Camino Arroyo Northridge: 8959 Tampa Ave. San Mateo: 228...
December 30, 2020
Theres one bright spot retailers are in a position to benefit from: E-commerce sales growth has been enormous and is expected to continue. Moodys projected growth of 14% to 15% for e-commerce sales in 2021, even as people are expected to return to stores as the pandemic ebbs. Heres a list of major retailers for whom 2021 could be a make-or-break year based on USA TODAY research, public data and analyst reports: J.C. Penney The company was at risk of total liquidation for months as it negoti...
December 22, 2020
Bed Bath & Beyond at the Mercer Mall to close permanently in February Bed Bath & Beyond at the Mercer Mall. File photo. Bed Bath & Beyond, the national housewares chain that has had a presence at the Mercer Mall in Lawrence for more than three decades, is closing for good on Feb. 13. Earlier this year, the Union, N.J.-based retailer announced that it was closing 63 stores across the country by the end of 2020. The Lawrence location was not on that list. Bed Bath & Beyond also owns buybuBaby, ...
December 22, 2020
Bed Bath & Beyond in the Mercer Mall To Permanently Close Bed Bath & Beyond will apparently be closing their store in the Mercer Mall (Lawrence Township, Mercer County). The chain surprised customers in Mercer County today by announcing that liquidation sales had begun on Tuesday (December 22). It’s not clear exactly when the store will close, but we’re surprised. We’ve reached out to Bed Bath & Beyond for a comment. Customers of the store received an email announcing the stores upcoming ...
December 21, 2020
Now through Christmas Eve, place your Target order up until 5 p.m. local time for same-day pickup. You can even score same-day delivery with Shipt now through Christmas Eve, just dont forget to mark your order for same-day delivery when doing so. With Instacart, you might already know that you can get groceries delivered in as little as one hour. However, you can also use Instacart to get items delivered in hours from Best Buy, Sephora, Harmon Face Values and more — just check online or the ...
December 17, 2020
Author Bio Adam Levine-Weinberg is a senior Industrials/Consumer Goods specialist with The Motley Fool. He is an avid stock-market watcher and a value investor at heart. He primarily covers airline, auto, retail, and tech stocks. Follow him on Twitter for the latest news and commentary on the airline industry! Follow @AdamLLW Mark Tritton has been CEO of Bed Bath & Beyond (NASDAQ:BBBY) for barely more than a year. Despite spending much of 2020 navigating the COVID-1...
December 14, 2020
What Selling Cost Plus World Market Really Means For Bed Bath & Beyond 12/14/20 AT 2:12 PM In another move under CEO Mark Tritton’s turnaround plan, Bed Bath & Beyond (BBBY) has sold off Cost Plus World Market for an undisclosed amount to private equity firm Kingswood Capital Management as it looks to further streamline its portfolio. The sale of World Market marks the fourth sell off for the company to free up capital, which also included deals for its Christmas Tree Shops, One Kings Lane, ...
December 11, 2020
BusinessDen.com, a BizWest news partner. Two more Bed Bath & Beyond (Nasdaq: BBBY) locations in Colorado will be permanently closing their doors in the next few months. The home goods retailer’s location at 1741 28th St. in Boulder plans to close in March, according to an employee at the store. And the store at 5944 Barnes Road in Colorado Springs — one of three in that city — will shutter in the next two months, an employee there said. BusinessDen reported earlier this week that Bed Ba...