![]() ![]() The Company continues to grow, differentiate and leverage its assortment across all channels, concepts and countries in which it operates, to better engage with its customers wherever, whenever and however they express their life interests and travel through their life stages. The Company strives to do more for and with its customers by: offering an extensive breadth, depth and differentiated assortment of merchandise at the right value presenting merchandise in a distinctive manner designed to maximize customer convenience and reinforce customer perception of a wide selection and providing excellent customer service, including new ideas and solutions. Home furnishings include categories such as kitchen and tabletop items, fine tabletop, basic housewares, general home furnishings, consumables and certain juvenile products. ![]() Domestics merchandise includes categories such as bed linens and related items, bath items and kitchen textiles. The Company sells a wide assortment of domestics merchandise and home furnishings. Additionally, the Company is a partner in a joint venture which operates retail stores in Mexico under the name Bed Bath & Beyond. The Company also operates Linen Holdings, a provider of a variety of textile products, amenities and other goods to institutional customers in the hospitality, cruise line, healthcare and other industries. In addition, the Company operates Of a Kind, an e-commerce website that features specially commissioned, limited edition items from emerging fashion and home designers One Kings Lane, an authority in home décor and design offering a unique collection of select home goods, designer and vintage items and, an industry-leading online retailer of personalized products. The Company has the developing ability to have customer purchases picked up in-store or shipped direct to the customer from the Company’s distribution facilities, stores or vendors. Customers can purchase products from the Company either in-store, online or through a mobile device. and subsidiaries (the “Company”) is a retailer selling a wide assortment of domestics merchandise and home furnishings which operates under the names Bed Bath & Beyond, Christmas Tree Shops, Christmas Tree Shops andThat! or andThat!, Harmon, Harmon Face Values or Face Values, buybuy BABY and World Market, Cost Plus World Market or Cost Plus. Corporate Profileįounded in 1971, Bed Bath & Beyond Inc. Bed Bath & Beyond: Beaverton - 12.0 milesĬlick for more Portland store hours.Not helping sentiment is that Bed Bath & Beyond may have had a very ugly holiday shopping season as it continues to battle execution issues and more cautious shoppers. The challenged top line and increased discounting led to the company posting an operating loss of $168 million in the quarter. Other execs have also fled as cash-saving, cost-cutting efforts are underway.įurthermore, new CEO Sue Gove hasn't been able to revive the company, which has been heavily discounting products this holiday season in an effort to raise badly needed cash.Ĭomparable store sales crashed 26% from a year prior in the fiscal second quarter as the economic slowdown and poor inventory quality weighed on store traffic. Earlier this year, the board ousted Bed Bath & Beyond's turnaround CEO Mark Tritton. The retailer has battled all year long with tanking sales, weak store traffic, low cash levels, and merchandise not aligned with customer tastes. To be sure, not many on Wall Street would be shocked if the 2022 holiday season were to be Bed Bath & Beyond's last. Walsh/Portland Press Herald via Getty Images) Bed Bath & Beyond has announced layoffs and store closing on September 2, 2022. ![]()
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