3 Keys to Avoiding Regulatory Risk in Retail Returns Management
Retailers must be aggressive in deploying haz management systems and processes that are reliable and robust enough to ensure cost-effective compliance.
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Retailers must be aggressive in deploying haz management systems and processes that are reliable and robust enough to ensure cost-effective compliance.
Bed Bath & Beyond to close 43 more stores, including 1 in Valley, by the end of February Mike Mozart Posted at 10:06 AM, Jan 08, 2021 and last updated 2021-01-08 12:06:55-05 Bed Bath & Beyond will close 43 locations by the end of February, including one in Arizona, as part of a previously announced plan to close 200 stores in the next two years. USA Today reported that among the closures is the Peoria store at 24760 N. Lake Pleasant Parkway. Bed Bath & Beyond had announced in July its plans to close 200 stores in the next two years under a real estate and fleet optimization plan. The store a...
The list includes stores in Stow, Warrensville Heights and Medina.
Updated Jan. 7, 2021 3:06 pm ET The coronavirus pandemic continued to erase Bed Bath & Beyond Inc.’s profits, though surging digital transactions helped offset some of the pain as it restructures. Comparable in-store sales dropped 15% in the quarter ended in November, the company said Thursday. Digital sales were up 77% in the three-month period, including 94% digital growth for the company’s Bed Bath & Beyond banner. The home-goods retailer, based in Union, N.J., also operates the BuyBuy Baby, Harmon Face Values and Decorist brands. Revenue slipped 5% year over year. The retail...
Same-store sales for its entire business, which includes Buy Buy Baby and Harmon Face Values, rose 2%, climbing for the second consecutive quarter. Digital sales soared 77% from a year ago, fueled by online growth of 94% at Bed Bath's namesake banner. Many Americans have been staying at home during the Covid pandemic, prompting them to do more cooking, cleaning, organizing and redecorating. Sales of home organization, kitchen food prep, bedding, bath and indoor decor represented two-thirds of Bed Bath's total sales during the quarter, the company said. Here's how Bed Bath & Beyond did during ...