Department: Nonfood PetSmart Partners with Uber Eats for On-Demand Delivery from 1,600 Stores Uber Eats will now offer deliveries of pet foods, accessories, habitats and healthcare products from more than 1,600 PetSmart stores in the U.S., Canada and Puerto Rico. PetSmart is the first pet retailer to work with Uber Eats, joining Bed Bath & Beyond, Office Depot and grocery retailers including Albertsons, Meijer and Costco. Since launching […] Retail TouchPoints April 20, 2023April 24, 2023 < 1 min read Dept. PetPartnershipsUbereatsDeliveryBrick and MortarDept. NonfoodMarketing: Loyalty & SubscriptionExecutivesConsumersInternational - North AmericaDept. GroceryMeijerCostcoHealth & WellnessBed Bath & BeyondRecommerceShoppersFood DeliveryAlbertsons / Safeway 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other With suppliers still wary, Bed Bath & Beyond banks on $120M consignment deal One analyst calls it “way too late and beyond a desperate move.” RetailDive April 11, 2023April 11, 2023 < 1 min read Bed Bath & Beyond 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Bed Bath & Beyond seeks reverse stock split to avoid bankruptcy Bed Bath & Beyond has proposed a reverse stock split in the range of one-for-10 or one-for-20 to boost its share price and protect its ability to raise funds. The retailer’s shares hit a record low value of 31 cents in trading yesterday. RetailWire April 9, 2023April 9, 2023 < 1 min read Bed Bath & BeyondBankruptcy 0 Saving Bookmark this article Bookmarked
Corporate Finance Bed Bath & Beyond Files Notice for a Potential Reverse Stock-Split Bed Bath & Beyond has submitted a securities filing stating that it is seeking shareholder approval for a reverse stock split at a May 9 special meeting. The move would enable it to raise up to $300 million in equity from a stock offering announced last week, which could help the retailer stave off bankruptcy. […] Retail TouchPoints April 8, 2023April 8, 2023 2 min read Bed Bath & BeyondOperations & Supply ChainResults & InvestmentBankruptcyInternational - North AmericaBrick and MortarAssociatesPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Bed Bath & Beyond makes a deal to get access to merchandise Bed Bath & Beyond has entered into a vendor consignment agreement with Hilco Global’s ReStore Capital, which will buy up to $120 million in merchandise for sale by the retailer. “Our new vendor consignment program enables us to increase our inventory position in top items that customers are buying and improve the customer experience. This […] RetailWire April 6, 2023April 6, 2023 < 1 min read Bed Bath & BeyondShoppersResults & InvestmentCustomer ExperienceOperations & Supply ChainExecutives 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Bed Bath & Beyond proposes reverse stock split as it struggles to avoid bankruptcy [[“value”:”Bed Bath & Beyond wants to raise $300 million in a stock offering but needs shareholders to approve a reverse stock split at a May 9 meeting to make it happen.”]] CNBC April 6, 2023April 6, 2023 < 1 min read Bed Bath & BeyondBankruptcy 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Bed Bath & Beyond faces lawsuit over Harmon layoffs A former store manager says the company violated state and federal law by failing to give proper notice under the WARN Act. RetailDive April 6, 2023April 6, 2023 < 1 min read Legal & CriminalBed Bath & Beyond 0 Saving Bookmark this article Bookmarked
Operations & Supply Chain Bed Bath & Beyond gets $120 million merchandise lifeline as it faces bankruptcy threat [[“value”:”Hilco Global’s ReStore Capital has agreed to buy up to $120 million in merchandise for Bed Bath & Beyond so it can boost its inventory levels.”]] CNBC April 5, 2023April 5, 2023 < 1 min read Bed Bath & BeyondBankruptcyResults & InvestmentOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Former Bed Bath & Beyond CEO sues over unpaid severance Mark Tritton alleges that the retailer stopped payments on his $6.76 million severance agreement in January. RetailDive April 3, 2023April 3, 2023 < 1 min read ExecutivesBed Bath & Beyond 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Bed Bath & Beyond needs to sell $300 million in shares to avoid bankruptcy Bed Bath & Beyond’s shares are currently selling for 80 cents apiece. The retailer says it needs to raise $300 million in a stock sale to avoid filing for bankruptcy. Bed Bath & Beyond says it will repay its credit facility and buy merchandise to sell in its stores if it successfully raises the funds […] RetailWire March 31, 2023March 31, 2023 < 1 min read Bed Bath & BeyondBankruptcyBrick and Mortar 0 Saving Bookmark this article Bookmarked
Corporate Finance Bed Bath & Beyond again warns of bankruptcy as it seeks to sell $300M in stock The retailer terminated an earlier deal with Hudson Bay Capital Management that sought to raise over $1 billion. RetailDive March 31, 2023March 31, 2023 < 1 min read Bed Bath & BeyondBankruptcyResults & Investment 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Bed Bath & Beyond again warns of bankruptcy if new stock offering doesn’t pay off Beleaguered retailer Bed Bath & Beyond is offering $300 million in stock in a last ditch effort as it warns of bankruptcy, again. CNBC March 30, 2023March 30, 2023 < 1 min read Bed Bath & BeyondBankruptcy 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Bed Bath & Beyond plans another 1,300 layoffs The layoffs affect workers in the company’s New Jersey operations, including at its Harmon beauty unit, according to information filed with the state. RetailDive March 28, 2023March 28, 2023 < 1 min read Bed Bath & BeyondOperations & Supply ChainDept. HBCAssociates 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Landlords find new tenants to fill Bed Bath & Beyond space quickly Bed Bath & Beyond is shuttering 400 stores as it seeks ways to remain viable. Landlords for shopping centers housing the former Bed Bath & Beyond stores are finding plenty of takers for the space as HomeGoods, Ross, TJ Maxx and others open new locations. RetailWire March 22, 2023March 22, 2023 < 1 min read Bed Bath & BeyondBrick and Mortar 0 Saving Bookmark this article Bookmarked
Associates & Employees Store closings come with human costs Store associates and managers were hopeful that Harmon Face Values would be sold or otherwise spared from the tumult that has engulfed Bed Bath & Beyond. That was not the case as all the chain’s stores were closed, leaving workers to figure out where they go next. RetailWire March 21, 2023March 21, 2023 < 1 min read AssociatesBrick and MortarBed Bath & Beyond 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Bed Bath & Beyond proposes reverse stock split The move is the distressed retailer’s latest tactic to “generate greater investor interest in the company.” RetailDive March 20, 2023March 20, 2023 < 1 min read Bed Bath & Beyond 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Bed Bath & Beyond raises $135 million in stock sale Bed Bath & Beyond said it raised $135 million in an equity offering focused on providing funds to rebuild its business. The retailer said it has raised $360 million out of the $1 billion it plans to raise as part of its comeback plan. RetailWire March 8, 2023March 8, 2023 < 1 min read Bed Bath & Beyond 0 Saving Bookmark this article Bookmarked
Shopper & Customer Home Goods, Wayfair Winning Customer Wallet Share from Bed Bath & Beyond Sign up for free to see consumer home goods spending in Earnest Dash. Key takeaways: Bed Bath & Beyond shoppers moved their home spending to Wayfair, Home Goods, and Ikea since 2020 Bed Bath & Beyond brand affinities point to a lower income shopper compared to Wayfair, which makes them more susceptible to the “trading […] Earnest Research March 8, 2023March 10, 2023 3 min read ShoppersData & InsightsDept. NonfoodBrick and MortarBed Bath & BeyondHealth & WellnessDept. ApparelConsumersEconomyRestaurantsDept. PetDeliveryWeatherDept. GroceryCOVID19Holiday & EventsResults & Investment 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other S&P upgrades Bed Bath & Beyond but warns of ongoing concerns The retailer remains in a precarious financial position with the outcome of its turnaround plan uncertain. RetailDive March 7, 2023March 7, 2023 < 1 min read Bed Bath & BeyondResults & Investment 0 Saving Bookmark this article Bookmarked
Shopper & Customer Michaels Launches an Online Marketplace Specialty arts and crafts retailer Michaels is getting into the online marketplace game, announcing Monday it would feature a curated selection of third-party sellers and increase its U.S. online assortment by 750,000 SKUs. “The launch of Michaels’ curated marketplace for arts, crafts and décor is the next phase of our ongoing digital transformation to be […] Marie Albiges March 2, 2023March 2, 2023 < 1 min read ConsumersMerchandisingShoppersExecutivesDept. NonfoodThick DataTechnology & InnovationHome DepotDept. Toys & GamesBed Bath & Beyond 0 Saving Bookmark this article Bookmarked 4
Data & Insights Retail Traffic Trends #114: How Gamification Can Help Retailers Boost Sales Over the last year or two, we have seen gamification and digital assets such as NFT’s skyrocket in growth. Now, the retail industry is using gamification and digital trends to help build customer loyalty and increase the customer experience. This week we talk about how brick-and-mortar stores are using touches of digital to […] Trakwell.ai (formerly Doorcounts) February 18, 2023February 18, 2023 2 min read Data & InsightsDeliveryStore LocationNFTShoppersCryptoMetaverseOperations & Supply ChainCustomer ExperienceBrick and MortarInternational - UKTrends: TechMarketing: Direct & PersonalizationInternationalCompetitionWeatherMarketing: Loyalty & SubscriptionPredictions and ForecastsResults & InvestmentTechnology & InnovationWalmartMarketing: In StoreBNPLTrends: FinanceStreamingBed Bath & Beyond 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Bed Bath & Beyond Canada is going out of business The struggling home goods retailer will no longer support the unprofitable operations, and all 54 namesake and 11 BuyBuy Baby stores will close. RetailDive February 13, 2023February 14, 2023 < 1 min read International - North AmericaBed Bath & BeyondOperations & Supply ChainBrick and MortarDept. Nonfood 0 Saving Bookmark this article Bookmarked
Retail Ecosystem Prof G Markets: The AI Wars, Bed Bath & Beyond’s Share Sale, and Scott’s Options Trade This week on Prof G Markets, Scott breaks down the state of play in the AI wars as Microsoft and Google compete in a lightning fast hype cycle. Then Scott breaks down why institutional investors would pour more money into Bed Bath & Beyond when it’s on the brink of bankruptcy, and why he made […] The Prof G Show February 13, 2023February 13, 2023 < 1 min read Technology & InnovationPodcastsBed Bath & BeyondGoogleBankruptcy 0 Saving Bookmark this article Bookmarked
Shopper & Customer Your Views: The Last Word Yesterday MNB took note of a really good piece from the Los Angeles Times about the impact – social, cultural, infrastructural – of the pandemic-fueled e-commerce boom, which “accelerated the land grab” for warehouse space in California’s Inland Empire. The area, the Times wrote, has become “ever more hardscaped into the staging point for trains […] MorningNewsBeat February 9, 2023February 9, 2023 7 min read Operations & Supply ChainDept. GroceryBrick and MortarShoppersDept. NonfoodDept. FreshSustainabilityDept. BeverageMarketing: BroadcastHoliday & EventsConsumersFood DeliveryESG and CSREconomyDeliveryDept. Toys & GamesDept. Fresh PreparedDept. Adult BevGrubhubHome DepotStore LocationPredictions and ForecastsRestaurantsDept. BakeryTechnology & InnovationUbereatsUnileverExecutivesCOVID19VendorsDoorDashBed Bath & Beyond 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Bed Bath & Beyond came very close to going out of business Bed Bath & Beyond was on the verge of liquidating its business before it struck a deal with a hedge fund to avoid bankruptcy. Lenders to the chain were reported to be in favor of liquidating the business but were convinced to hold back when told of the human cost — 30,000 people out of […] RetailWire February 9, 2023February 9, 2023 < 1 min read Bed Bath & BeyondBankruptcy 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Last-minute funding buys Bed Bath & Beyond more time As part of the company’s turnaround strategy, it aims to reduce its brick-and-mortar footprint to 480 stores. RetailDive February 9, 2023February 9, 2023 < 1 min read Bed Bath & BeyondBrick and MortarStrategy 0 Saving Bookmark this article Bookmarked
Corporate Finance Bed Bath & Beyond seeks $1B to avoid bankruptcy The investor deal comes as the beleaguered home goods retailer ushers in a new interim CFO with experience in turnarounds. RetailDive February 8, 2023February 8, 2023 < 1 min read Bed Bath & BeyondBankruptcyExecutivesDept. Nonfood 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Bed Bath & Beyond Lines Up Funding to Avoid Bankruptcy, Closing 150 More Stores Bed Bath & Beyond is expecting to receive more than $1 billion in equity from a stock offering it hopes will stave off bankruptcy and liquidation, reports CNBC. The beleaguered home goods retailer will receive $225 million in the offering upfront plus an additional $800 million in proceeds over time, it said. Bed Bath & Beyond also […] Kristina Stidham February 7, 2023February 7, 2023 2 min read Bed Bath & BeyondBankruptcyExecutivesBrick and MortarData & InsightsLegal & CriminalOperations & Supply ChainDept. NonfoodPartnershipsPress ReleaseResults & InvestmentStrategy 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Bed Bath & Beyond lines up funding in a last-ditch bid to avoid bankruptcy [[“value”:”Bed Bath & Beyond has been on the verge of bankruptcy but bought some time with a public stock offering that’s expected to bring in more than $1 billion.”]] CNBC February 7, 2023February 7, 2023 < 1 min read Bed Bath & BeyondBankruptcy 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Bed Bath & Beyond to sell stock and tap credit line to pay bills Bed Bath & Beyond is looking to raise over $1 billion in funds to continue operating its business through a public offering of the company’s stock and by tapping into its $100 million credit line. The retailer is looking to avoid having to pursue Chapter 11 bankruptcy with its latest moves. RetailWire February 7, 2023February 7, 2023 < 1 min read Bed Bath & BeyondBankruptcy 0 Saving Bookmark this article Bookmarked
Data & Insights Technology & Innovation Retailers: Is AI the answer to all your problems? Not so fast…proceed with caution! Written by Supermarket News May 10, 2024May 10, 2024 Saving Bookmark this article Bookmarked
Technology & Innovation Department: Consumer Durables Department: Nonfood Corporate Strategy ESG Media & Marketing Data & Insights Shopper & Customer Technology & Innovation Trends & External Forces Merchandising Could AI Be Your Next Stylist? Consumers Are Ready Keeping up with nanosecond social media trends is a never-ending challenge for retail brands and shoppers. In addition to responding to these fast-paced microtrends, merchandisers face increased pressure to incorporate cutting-edge personalization techniques that drive authentic shopping experiences and cultivate brand loyalty. So, what’s the answer to remaining innovative and on-trend in 2024? According to […] Written by TotalRetail May 10, 2024May 10, 2024 Saving Bookmark this article Bookmarked
Media & Marketing Channel: Grocery Media & Marketing Kroger considers Disney+ perk for grocery delivery members US retail giant Kroger is reportedly in talks with the Walt Disney Company to offer the Disney+ streaming service as a benefit to paying members of its Kroger Boost grocery delivery programme. The post Kroger considers Disney+ perk for grocery delivery members appeared first on Retail Insight Network. Written by Retail Insights Network May 8, 2024May 8, 2024 Saving Bookmark this article Bookmarked
Technology & Innovation Channel: Dollar/Value Channel: Ecommerce & Digital Channel: Mass Data & Insights Technology & Innovation Trends & External Forces Associates & Employees Stores & Formats Sam’s Club Expands Store Rollout of AI-Powered Exit Tech Walmart-owned Sam’s Club says it’s turning to artificial intelligence to speed up its own exit technology. Instead of requiring store staff to check members’ purchases against their receipts when leaving the store, Sam’s Club customers who pay either at a register or through the Scan & Go mobile app can now walk out of the […] Written by 0 Author Missing May 8, 2024May 8, 2024 Saving Bookmark this article Bookmarked
Trends & External Forces Trends & External Forces Retail Operations 5 CPG marketing trends forcing industry change in 2024 Explore the CPG marketing trends driving change in the consumer products industry in 2024, including eco-conscious consumers and omnichannel. Written by Future of Commerce May 8, 2024May 8, 2024 Saving Bookmark this article Bookmarked