Channel: Specialty & Other Bed Bath & Beyond Defaults On Its Loans The Wall Street Journal reports that “Bed Bath & Beyond Inc. said it doesn’t have the funds to repay its banks after they determined the retailer has defaulted on its credit lines. “The home-goods chain said Thursday it received a notice of default from JPMorgan Chase & Co. on Wednesday. The banks are calling for […] MorningNewsBeat January 27, 2023January 27, 2023 < 1 min read Bed Bath & BeyondPartnershipsEconomyBrick and MortarBankruptcy 0 Saving Bookmark this article Bookmarked
Trends & External Forces Walmart-owned Sam’s Club plans to open about 30 new stores over next five years [[ Getty Images Walmart-owned Sam’s Club on Thursday said it will open more than 30 new stores in the U.S., marking its most aggressive expansion in years. The warehouse club’s next store is expected to open in Florida in 2024. Sam’s Club also plans to open five fulfillment and distribution centers this year, with the […] CNBC January 27, 2023January 27, 2023 4 min read Brick and MortarWalmartCostcoData & InsightsOperations & Supply ChainEconomyCOVID19Dept. FuelAssociatesDept. GrocerySams ClubShoppersBOPISBed Bath & BeyondBJ’s Wholesale ClubDept. BeverageDept. PetPackagingDept. NonfoodCompetitionDeliveryDept. Fresh PreparedDept. FreshTechnology & InnovationExecutivesOwned Brands (Private Label)Predictions and ForecastsDept. Paper 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Bed Bath & Beyond defaults on credit line, warns it can’t pay down debts [[ Bloomberg ]] CNBC January 27, 2023January 27, 2023 < 1 min read Bed Bath & Beyond 0 Saving Bookmark this article Bookmarked
Corporate Finance Bed Bath & Beyond receives Nasdaq warning over late 10-Q The distressed retailer has until March 13 to regain Nasdaq listing compliance by submitting the financial report. RetailDive January 20, 2023January 20, 2023 < 1 min read Results & InvestmentBed Bath & Beyond 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Bed Bath & Beyond beefs up legal team ahead of possible bankruptcy filing in New Jersey [[“value”:” In this article BBBY Follow your favorite stocksCREATE FREE ACCOUNT A “Store Closing” banner on a Bed Bath & Beyond store in Farmingdale, New York, on Friday, Jan. 6, 2023. Johnny Milano ]] CNBC January 20, 2023January 20, 2023 < 1 min read Bed Bath & BeyondLegal & CriminalBankruptcyData & Insights 0 Saving Bookmark this article Bookmarked
Corporate Finance Bed Bath & Beyond looks for capital infusion, buyer ahead of likely bankruptcy filing [[ Getty Images Bed Bath & Beyond has been in discussions with prospective buyers and lenders as it works to keep its business afloat during a likely bankruptcy filing, according to people familiar with the matter. The retailer is in the midst a sale process in hopes of finding a buyer that would keep the […] CNBC January 18, 2023January 18, 2023 3 min read BankruptcyResults & InvestmentPartnershipsBed Bath & BeyondOperations & Supply ChainAssociatesBrick and MortarDept. ApparelExecutivesVendorsLegal & CriminalMerchandisingStrategyAcquisition 0 Saving Bookmark this article Bookmarked
Stores & Formats Bed, Bath & Beyond considers sale of Buy Buy Baby, other assets As part of contingencies for a potential bankruptcy, Bed Bath & Beyond is reportedly speaking to private equity firm Sycamore Partners about selling off some of its more valuable assets, including the Buy Buy Baby chain of stores. While the home goods retailer’s third-quarter sales fell 34 percent, Buy Buy Baby’s decline has not been […] RetailWire January 16, 2023January 16, 2023 < 1 min read PartnershipsDept. NonfoodBrick and MortarBed Bath & BeyondBankruptcy 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other CNBC: Bed Bath & Beyond Eliminates Chief Transformation Officer Role, Plans Further Job Cuts Bed Bath & Beyond reportedly plans more layoffs and will eliminate the Chief Transformation Officer role currently held by Anu Gupta, according to an internal memo from CEO Sue Gove seen by CNBC. The cuts will impact the workforce “across our corporate, supply chain and store portfolio,” but Gove didn’t specify the total number of […] Retail TouchPoints January 12, 2023January 12, 2023 2 min read Bed Bath & BeyondOperations & Supply ChainAssociatesOwned Brands (Private Label)MerchandisingBrick and MortarBankruptcyStore LocationExecutives 0 Saving Bookmark this article Bookmarked
Associates & Employees Bed Bath & Beyond lays off more workers, cuts chief transformation officer role Bed Bath & Beyond is laying off workers “across our corporate, supply chain and store portfolio,” according to an email sent to employees by CEO Sue Gove. The retailer said it was eliminating the role of chief transformation officer held by Anu Gupta. RetailWire January 12, 2023January 12, 2023 < 1 min read AssociatesBed Bath & BeyondOperations & Supply ChainExecutives 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Bed Bath & Beyond plans more layoffs As sales slide and bankruptcy looms, the struggling home goods retailer is looking to cut costs. RetailDive January 12, 2023January 12, 2023 < 1 min read Bed Bath & BeyondDept. NonfoodBankruptcy 0 Saving Bookmark this article Bookmarked
Associates & Employees Bed Bath & Beyond lays off more employees as it struggles to survive [[ Getty Images Bed Bath & Beyond has begun its latest round of layoffs, as it fights to stay in business, according to a memo sent to employees Tuesday that was obtained by CNBC. The home goods retailer told employees that it is eliminating the chief transformation officer role, which is held by Anu Gupta, […] CNBC January 11, 2023January 11, 2023 3 min read AssociatesBed Bath & BeyondResults & InvestmentOperations & Supply ChainPredictions and ForecastsTechnology & InnovationBankruptcyExecutivesDept. NonfoodDeliveryData & InsightsBrick and Mortar 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Bed Bath & Beyond sales fall 33% in Q3 as it seeks strategic alternatives Dive Brief: Bed Bath & Beyond on Tuesday reported third-quarter net sales fell 33% year over year to $1.3 billion, while comparable sales declined 32%. By banner, Bed Bath & Beyond comps fell 34% and BuyBuy Baby comps fell “in the low-twenties percent range,” according to a company press release. Operating loss swelled by more than 423% […] RetailDive January 11, 2023January 11, 2023 2 min read Bed Bath & BeyondBankruptcy 0 Saving Bookmark this article Bookmarked 4
Corporate Finance Bed Bath & Beyond reports wider-than-expected loss as possible bankruptcy looms In this article BBBY Follow your favorite stocksCREATE FREE ACCOUNT A man is seen at a Bed Bath & Beyond store in New York, on Jan. 5, 2023. Ziyu Julian Zhu Getty Images Bed Bath & Beyond on Tuesday posted wider quarterly losses than expected as its chief executive acknowledged that the struggling retailer’s turnaround […] CNBC January 10, 2023January 10, 2023 2 min read Bed Bath & BeyondBankruptcyResults & InvestmentBrick and MortarMerchandisingExecutivesDept. HBCOperations & Supply ChainHealth & WellnessDept. NonfoodData & Insights 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Bed Bath & Beyond isn’t sure it can keep the lights on Bed Bath & Beyond said there is “substantial doubt about the company’s ability to continue” as the retailer has seen further declines in customer traffic and sales. CEO Sue Grove said Bed Bath & Beyond is committed to its transformation plan and expects to make continued progress in the coming quarters. RetailWire January 6, 2023January 6, 2023 < 1 min read Bed Bath & BeyondStore LocationExecutivesShoppers 0 Saving Bookmark this article Bookmarked
Corporate Finance Bed Bath & Beyond warns it could file for bankruptcy The struggling home retailer issued a “going concern” warning as sales continue to slide and losses widen. RetailDive January 6, 2023January 6, 2023 < 1 min read Bed Bath & BeyondBankruptcy 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Bed Bath & Beyond shares plummet after company warns of potential bankruptcy In this article BBBY Follow your favorite stocksCREATE FREE ACCOUNT A Bed Bath & Beyond store is seen on June 29, 2022 in Miami, Florida. Joe Raedle Getty Images News CNBC January 5, 2023January 5, 2023 < 1 min read Bed Bath & BeyondBankruptcy 0 Saving Bookmark this article Bookmarked
Data & Insights Bed Bath & Beyond Faces Potential Bankruptcy Filing [[“value”:” After years of declining sales, Bed Bath & Beyond is facing an existential crisis. WSJ’s Suzanne Kapner explains why the company has fallen on hard times and looks forward to what’s next for the veteran retailer. Photo Illustration: Laura Kammermann/WSJ Bed Bath & Beyond Inc. said Thursday that there is doubt about its ability […] WSJ January 5, 2023January 11, 2023 < 1 min read Data & InsightsBed Bath & BeyondBankruptcyPricing & PromotionsOperations & Supply ChainStore LocationShoppersBrick and Mortar 0 Saving Bookmark this article Bookmarked
Media & Marketing Meet the TRI Q&A: Rick Watson Get to know RETHINK Retail’s Top Retail Influencers through the “Meet the TRI” Q&A series! Dive in to learn about a member of the thought leader community and follow their work and insights across our content and their social channels. Hi, I’m Rick Watson, CEO of RMW Commerce Consulting. Connect with me on LinkedIn! “Tell […] Rethink Retail January 4, 2023January 4, 2023 4 min read Marketing: SocialPodcastsConsultingOperations & Supply ChainPredictions and ForecastsConsumersExecutivesAssociatesShoppersAcquisitionFlagship StoresTechnology & InnovationData & InsightsMerchandisingPartnershipsMarketing: PrintMarketing: In StoreGoogleBOPISESG and CSRCOVID19StrategyBrick and MortarBed Bath & BeyondAmazonDelivery 0 Saving Bookmark this article Bookmarked
Department: Nonfood 2022 Retail Ranking: Black Friday and Cyber Monday Key takeaways Almost 1-in-4 shoppers spent the most at Amazon during Cyber-5 Home goods and furnishings retailers lost top wallet share lapping difficult pandemic comps Dollar stores and warehouse clubs gained top wallet share as consumers traded down on inflation Earnest Analytics First Choice Retailer Methodology The Earnest First Choice Retailer Rankings are based on […] Earnest Research December 8, 2022December 8, 2022 6 min read Holiday & EventsData & InsightsDept. ApparelShoppersDept. NonfoodBrick and MortarDept. PetAmazonOperations & Supply ChainConsumersWalmartEconomyCOVID19Dept. Sporting goodsTargetMarketing: In StoreHome DepotDept. FuelCostcoLowesBed Bath & BeyondChewyAcquisitionTechnology & InnovationBest BuyDept. GroceryDelivery 0 Saving Bookmark this article Bookmarked
Shopper & Customer Key Learnings From A Mismanaged Retail Brand In June of 2011, a retail sea change occurred. Storied brand, J.C. Penney, hired Ron Johnson, who led the success of Apple’s brick-and-mortar stores. Mr. Johnson decided that one of Penney’s problems was that the brand was damaged due to its consistent focus on deals and low prices. Without any Penney core customer insight, the […] Branding Strategy December 1, 2022December 1, 2022 5 min read ShoppersMarketing: BrandStrategyOwned Brands (Private Label)Operations & Supply ChainCOVID19TargetResults & InvestmentBrick and MortarTechnology & InnovationHoliday & EventsBed Bath & BeyondEconomyMerchandisingKrogerWhole FoodsCustomer ExperienceStore LocationExecutivesSustainabilityPredictions and ForecastsPartnershipsData & InsightsMarketing: In StoreMarketing: PrintBOPISDeliveryDept. LaundryAssociates 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Bed Bath & Beyond’s stock falls as retailer plans to issue shares to pay off some debt Troubled retailer Bed Bath & Beyond’s stock was down Monday after it said it would issue shares to repay some bonds. CNBC November 14, 2022November 14, 2022 < 1 min read Bed Bath & Beyond 0 Saving Bookmark this article Bookmarked
Corporate Strategy Bed Bath & Beyond Continues to Rebuild C-Suite with Marketing Chief Appointment Bed Bath & Beyond has appointed Bart Sichel as EVP, Chief Marketing and Customer Officer as the troubled retailer rebuilds its executive leadership following a number of departures in 2022, including former SVP of Marketing James Reath. Sichel will report to BB&B President and CEO Sue Gove, who recently secured the leadership role permanently following […] Retail TouchPoints November 13, 2022November 13, 2022 2 min read ExecutivesBed Bath & BeyondShoppersBrick and MortarStrategyConsultingMerchandisingData & InsightsOmnichannelBig DataMarketing: Loyalty & SubscriptionPartnershipsAssociates 0 Saving Bookmark this article Bookmarked
Shopper & Customer Bed Bath & Beyond taps Burlington vet as chief marketing, customer officer Dive Brief: Former Burlington Stores Chief Marketing Officer Bart Sichel will take the job of chief marketing and customer officer at Bed Bath & Beyond, the home goods retailer said on Thursday. Sichel will oversee marketing and customer strategies for Bed Bath & Beyond, BuyBuy Baby and Harmon, reporting directly to CEO Sue Gove, according to a […] RetailDive November 11, 2022November 11, 2022 2 min read ShoppersBed Bath & BeyondExecutives 0 Saving Bookmark this article Bookmarked 4
Shopper & Customer 5 Ways Luxury Brands Can Retain Vital Customers The recession clock is ticking, and it’s gets louder as it ticks faster. JP Morgan Chase CEO Jamie Dimon told CNBC that a recession is all but inevitable. Others may argue that the recession has already hit, based on the traditional definition as two consecutive quarters of negative GDP growth, which occurred earlier this year. […] Branding Strategy November 9, 2022November 9, 2022 8 min read ConsumersMarketing: BrandStrategyEconomyAssociatesShoppersRecommerceExecutivesPhilanthropyTechnology & InnovationResults & InvestmentDept. NonfoodPredictions and ForecastsThick DataDept. ApparelAmazonTargetMarketing: SocialSustainabilityStreamingWalmartPricing & PromotionsCOVID19ESG and CSRNestleConsultingBest BuyBed Bath & BeyondTwitterShopifyOperations & Supply ChainMeta (Facebook)Marketing: In StoreOwned Brands (Private Label) 0 Saving Bookmark this article Bookmarked
Corporate Strategy Bed Bath & Beyond’s chief customer and technology officer resigns Rafeh Masood, set to depart Dec. 2, marks the latest in a string of executive changes at the struggling retailer. RetailDive November 3, 2022November 3, 2022 < 1 min read Technology & InnovationShoppersBed Bath & BeyondExecutives 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Bed Bath & Beyond’s chief customer and technology officer to leave retailer Rafeh Masood, chief customer and technology officer at Bed Bath & Beyond, has resigned, effective Dec. 2. Mr. Massood’s departure marks another significant change in the retailer’s c-suite that saw CEO Mark Tritton ousted in June and CFO Gustavo Arnal die by suicide in September. Interim CEO Sue Gove last week was given the job […] RetailWire November 3, 2022November 3, 2022 < 1 min read Technology & InnovationShoppersBed Bath & BeyondExecutives 0 Saving Bookmark this article Bookmarked
Owned Brands (Private Label) BuyBuy Baby introduces first private label The launch comes as Bed Bath & Beyond moves away from owned brands in favor of national labels. RetailDive November 2, 2022November 2, 2022 < 1 min read Owned Brands (Private Label)PackagingBed Bath & Beyond 0 Saving Bookmark this article Bookmarked
Technology & Innovation Bed Bath & Beyond’s chief customer and technology officer resigns Bed Bath & Beyond’s chief customer officer, Rafeh Masood, has resigned, effective next month. CNBC November 2, 2022November 2, 2022 < 1 min read ShoppersBed Bath & BeyondTechnology & InnovationExecutives 0 Saving Bookmark this article Bookmarked
Data & Insights Bed, Bath & Beyond Reviewing Possible Data Breach Bed Bath & Beyond said in a Securities & Exchange Commission filing on Friday that a third party improperly accessed its data this month through a phishing scam by accessing the hard drive and certain shared drives of one of its employees. The big-box retailer said in its filing that it was reviewing the data […] Melissa Campanelli October 31, 2022October 31, 2022 < 1 min read Data & InsightsLegal & CriminalBed Bath & BeyondExecutivesOperations & Supply ChainMerchandisingAssociates 0 Saving Bookmark this article Bookmarked
Data & Insights Bed Bath & Beyond reviewing data breach The home goods retailer doesn’t believe sensitive or personal data was accessed by the third party. RetailDive October 31, 2022October 31, 2022 < 1 min read Data & InsightsLegal & CriminalBed Bath & BeyondDept. Nonfood 0 Saving Bookmark this article Bookmarked
Shopper & Customer Department: Nonfood Corporate Strategy Corporate Finance ESG Media & Marketing Agencies & Vendors Data & Insights Shopper & Customer Trends & External Forces Holiday & Events Operations & Supply Chain Millennials Dominated Holiday Shopping Spend — Here’s What it Means for 2023 In a year when holiday spending on gifts, travel and entertainment was down 1 percent from the year prior, one age group bucked that trend in a huge way. Millennials, perhaps aided by increased incomes due to “The Great Reshuffle,” told us it would spend a whopping 11 percent more than it did in 2021, […] Written by Kelly Pedersen January 26, 2023January 26, 2023 Saving Bookmark this article Bookmarked
Data & Insights Department: Consumer Durables ESG Media & Marketing Data & Insights Shopper & Customer Technology & Innovation Trends & External Forces Holiday & Events Operations & Supply Chain Stores & Formats Retail Traffic Trends #112: Consumer Habits 2023 While some trends come and go, there were a few trends that have stayed with consumers throughout the year. As online shopping continues to be a popular choice for consumers, physical stores can offer shoppers perks that e-commerce can’t replicate. This week we look at trends to increase foot traffic and customer loyalty. […] Written by Doorcounts January 26, 2023January 26, 2023 Saving Bookmark this article Bookmarked
Channel: Grocery - Natural Channel: Grocery - Natural Data & Insights Technology & Innovation Stores & Formats Just Walk Out gives Whole Foods stores an edge, data shows The two stores in the chain outfitted with Amazon’s checkout-free technology did better in some ways than nearby locations without the automated system during the second half of 2022, Placer.ai found. Written by Grocery Dive January 26, 2023January 26, 2023 Saving Bookmark this article Bookmarked
Shopper & Customer Channel: Grocery Department: Food Shopper & Customer Trends & External Forces ShopRite adds online filters to help shoppers choose products and recipes The improvements are intended to help shoppers find products and recipes that meet specific criteria, such as dairy-free, vegan, vegetarian and gluten-free. Written by Grocery Dive January 26, 2023January 26, 2023 Saving Bookmark this article Bookmarked
Technology & Innovation Department: Nonfood Data & Insights Technology & Innovation 7 online grocery trends for retailers to watch Online grocery shopping is here to stay. Top online grocery trends include AI tools, drone delivery, data security, and ready-made meals. Written by Future of Commerce January 26, 2023January 26, 2023 Saving Bookmark this article Bookmarked