1. Corporate Strategy

Beyond Inc. Names New CEOs for Bed Bath & Beyond, Overstock

Written by Posted on Less than 0 min read

Beyond Inc., parent company to Overstock.com, Bed Bath & Beyond, and other online brands, announced Tuesday three leadership changes, including two new CEOs.

Chandra Holt, formerly the CEO and president of Conn’s Home Plus, will become the new CEO of Bed Bath & Beyond effective Wednesday. Dave Nielsen, who until now was serving as president and interim CEO of Overstock, will take over formally as CEO of the company. Adrianne Lee, currently the chief financial officer of Beyond Inc., will expand her responsibilities to include chief administrative officer.

“As the company — which rebranded from Overstock.com to Beyond in November — continues to evolve, these executive changes were designed to position both the Bed Bath & Beyond and Overstock brands for growth and success into the future,” the company said a press release announcing the leadership changes.

Total Retail’s Take: Overstock.com acquired the Bed Bath & Beyond brand and associated intellectual property on June 28. The Overstock business rebranded shortly thereafter. Holt and Nielsen have their work cut out for them as they navigate the changes recently affecting the brands, including a bankruptcy filing, subsequent layoffs, store closures, and the acquisition.

View Original Article
Member since

More from Marie Albiges

  1. Data & Insights

Relationships vs. Transactions and the Future of Email

Do you know how many emails are sent every day around the world? I ask people that all the time and I get some surprising answers. I’ve heard 10 million, 100 million and up to a billion. The answer is that in 2024, people around the world will send 350 billion emails every day. You […]
5 min read
0
  1. Department & Category

Where Food Comes From acquires certification program for upcycled foods

 ​​[[“value”:” Verification services owned by WFCF include IMI Global, Postelsia, SureHarvest, Validus and WFCF Organic. “]]  View Original Article Acquisition Dept. Grocery Dept. Natural / Organic Health & Wellness 0 Author Missing Member since March 11, 2021 Loading + Follow Following
< 1 min read
0
  1. Associates & Employees

Retail Employers Face New Challenges From Pro-Labor Measures Implemented by Biden NLRB in 2023

In 2023, the Biden National Labor Relations Board (NLRB or Board) and its General Counsel Jennifer Abruzzo continued implementing a highly pro-labor agenda that has significantly changed the union and labor landscape for retail employers. In addition, Abruzzo and the Board’s regional directors are imposing and enforcing aggressively some of their most controversial new measures […]
5 min read
0
  1. Retail Operations

How generative AI boosts CX and EX for better business

Generative AI promises to help connect the dots between employee and customer experience, improving employee wellbeing, the customer journey, and ultimately, a company’s bottom line. View Original Article AI Technology & Innovation Health & Wellness Shoppers Customer Experience 0 Author Missing Member since March 11, 2021 Loading + Follow Following
< 1 min read
0
  1. Shopper & Customer

Retail CX in 2024: The Era of Effortless Conversational Experiences

One of the big lessons retailers learned in 2023 is that consumers want to do it themselves. Some call it customer empowerment. Some call it the self-service economy. Essentially, it involves consumers making decisions about products and services without talking to a human. As generative artificial intelligence (AI) emerged as the breakout tech tool of […]
2 min read
0
  1. Shopper & Customer

How SMBs Can Cater to Every Generation of Shoppers

For small businesses, resonating with as many potential customers as possible is a unique but critical task. With limited resources and more targeted product offerings, SMBs need the right plan and tools in place to effectively reach different demographics and drive sales year-round. Shopping journeys and preferences look different across generations, and retailers looking to […]
3 min read
0
  1. Media & Marketing

Year in review: Supermarket ‘food halls’ continue to expand

Multiple in-store restaurant concepts meet demands of today’s consumers   View Original Article Dept. Grocery Marketing: In Store Consumers Restaurants Predictions and Forecasts 0 Author Missing Member since March 11, 2021 Loading + Follow Following
< 1 min read
0
  1. Shopper & Customer

With Customers Watching Their Wallets, Retailers Must Look at Loyalty

With consumer prices beginning to plateau, retailers are beginning to feel cautiously optimistic over their future revenue streams. However, the index remains up 3.2 percent from a year ago, and with federal student loans now due for the first time in over three years, this makes a recipe for wallet-conscious shoppers. Now, shoppers are cutting […]
< 1 min read
0
  1. Data & Insights

Revolutionizing Retail: The Power of Modern Communications Solutions

It’s no secret the holiday season is the most crucial time of the year for most retailers, and for good reason. In the United States, consumers were expected to spend a record amount to celebrate the season. To capitalize on last year’s holiday rush, retailers needed to provide fast, personalized online and in-store shopping experiences, […]
3 min read
0
  1. Data & Insights

Gen AI’s Impact on Retail: Overcoming Data Challenges and Ethical Considerations

Microsoft and Google strategically unveiled their generative artificial intelligence capabilities for the retail industry in time for the National Retail Federation’s 2024 Big Show in New York, capturing the attention of the world’s leading retailers and industry leaders at this premier event. These offerings, spanning customer engagement, shopper journey experiences, and operational enhancements, align seamlessly […]
2 min read
0
  1. Data & Insights

Gen AI and Retail: How the Industry is Harnessing Disruptive Transformation

Generative artificial intelligence (Gen AI) is spurring organizations across different sectors to fundamentally reimagine their approach to digital transformation. Nowhere is its disruptive potential more evident than in retail, where Gen AI’s ever-increasing capabilities are powering a new age of customer-centric innovation. Retailers are exploring use cases across a wide range of functions, from new […]
3 min read
0
  1. Data & Insights

The Future of Retail: 3 Insights for 2024

For retailers, consumers are, and always have been, the beating heart of business success. In today’s world of ample choice for customers, this vitality is at an all-time high. Consumer buying power is higher than ever as is the importance of building loyalty and trust among them. Retailers know it’s crucial to anticipate customer needs […]
3 min read
0
  1. Shopper & Customer

In-Store Engagement is Increasingly Personalized. Privacy Should Be at the Heart of it

As we move further into 2024, the in-store retail landscape continues to shift from transactional spaces to powerful mediums for engaging and communicating with consumers. This shift presents a pivotal opportunity to redefine the dynamic between brands, retailers, and consumers. Retailers are looking to invest in physical enhancements to stores to personalize customer experiences further. […]
2 min read
0
  1. Corporate Strategy

Conversation with Dr. Peter Attia — The Pillars of Healthspan and Longevity

Dr. Peter Attia, the founder of Early Medical and the author of the #1 New York Times Bestseller, Outlive: The Science and Art of Longevity, joins Scott to discuss how to live a healthier life, specifically from a physical, cognitive, and emotional perspective.    Scott opens with his thoughts on Google losing an antitrust case, why […]
< 1 min read
0
  1. Technology & Innovation

Aldi tests checkout-free tech at Illinois store

It’s the only known store the Batavia, Ill.-based grocer has in operation that features the technology, branded “Aldi Go”   View Original Article Aldi Technology & Innovation Tech: Cashierless Regional Grocery 0 Author Missing Member since March 11, 2021 Loading + Follow Following
< 1 min read
0
  1. Department: Nonfood

Office Hours: How Much Should I Spend on Marketing? When Your Colleagues are Getting Poached, and Talking to Teens About Their Futures

Scott gives entrepreneurial marketing advice, speaking as to why startups should focus on creating an exceptional product over spending on marketing. He then discusses how to deal with management teams within your company when employees keep getting poached. He wraps up by advising a listener who is speaking to their nephew’s high school class about […]
< 1 min read
0
  1. Shopper & Customer

Playing Games With Your Customers: Gamifying the Shopping Experience

Acquiring new customers can cost up to 5x more than retaining existing ones. This puts more responsibility on retailers to find a sustainable way to create a positive, personalized relationship that maintains engagement and inspires repeat purchases. One way to do that? Gamify the customer experience. Put simply, gamification adds gaming elements to non-gaming scenarios. […]
< 1 min read
0
  1. Data & Insights

Future of Consumer Package Webcast

Join YipitData’s Director of Research, Nate Harmon, on Wednesday, February 21st at 1 pm ET for a ‘Future of Consumer Package’ webcast, where he will provide an overview of the product roadmap for the Consumer Sector, followed by a live Q&A. The team will discuss: Our coverage of key retailers and brands, as well as […]
< 1 min read
0
  1. Shopper & Customer

Open Banking: The Pros and Cons for Retailers

Financial information about customers has typically been stored by banks in their own closed systems. With open banking, however, banks and third-party service providers can exchange financial data through application programming interfaces (APIs). Open banking gives consumers the power to control what information can and cannot be shared with apps and third parties. Despite having […]
2 min read
0
Next