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Simply Essentials facility to go to auction, sale likely in August

Simply Essentials facility to go to auction, sale likely in August
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Bed Bath & Beyond CEO talks labor shortage, turnaround, meme stock status

Bed Bath & Beyond CEO talks labor shortage, turnaround, meme stock status
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Private Brands Alone Can t Save Bed Bath & Beyond

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 Shares of Bed Bath & Beyond (NASDAQ:BBBY) surged 62% on Wednesday. While a broader rally in so-called meme stocks contributed to this huge jump, investors also reacted positively to the company s announcement that its plan to launch six new private brands in six months was ahead of schedule. Bed Bath & Beyond stock pulled back sharply on Thursday as the meme stock rally faded. Nevertheless, shares of the home furnishings giant ended the week with a solid 13% gain. Yet Bed Bath & Beyond s private brand launches won t fix the company s main problem: sagging traffic. As a result, long-term investors should continue to avoid the stoc

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Bed Bath & Beyond Unveils Its Next Wave of Owned Brands that will Inspire Customers to be Home, Happier™

Bed Bath & Beyond Unveils Its Next Wave of Owned Brands that will Inspire Customers to be Home, Happier™ Three New Owned Brands by mid-July to cover kitchen, home storage and provide consumers with a youthful, eclectic collection News provided by Share this article Share this article UNION, N.J., June 2, 2021 /PRNewswire/ Bed Bath & Beyond (Nasdaq: BBBY) today announced that it will launch three new Owned Brands this quarter, continuing the Company s execution of its biggest product assortment change in a generation to rebuild its authority in the $180 billion home market. With the launch of the new Owned Brands in the coming weeks, the Company will have launched six Owned Brands in five months – which is ahead of its previously announced 6-month timetable and in advance of the important Back to College shopping season.

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Bed Bath & Beyond Owns Up To Its Latest New Brands

As it radically remakes its merchandising mix, the big box home store continues to focus on private label programs, which will account for a third of sales within three years

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