Bed Bath & Beyond has responded to a critical letter to its board of directors from shareholder RC Ventures, which owns almost 10% of the company’s stock and is controlled by Gamestop Chairman and Chewy co-founder Ryan Cohen. The letter criticized the retailer’s...
At a time when the company is adding fresh faces to boost its e-commerce, Bed Bath & Beyond announced that it has appointed Minesh Shah, chief operations officer at Stitch Fix to its board of directors, effective March 1. Stitch Fix is an e-commerce operation that...
In a tough third quarter roiled by transitional initiatives, supply chain issues and macroeconomic effects, Bed Bath & Beyond posted a net loss of $276.4 million, or $2.78 per diluted share, versus a net loss of $75.4 million, or 61 cents per diluted share, in the...
In a shakeup of the business, Bed Bath & Beyond has announced a key strategic deal with The Kroger Co., a new digital marketplace to build on the company’s existing business in key Home and Baby categories and changes to the executive suite. The Kroger Co....
Adding still another “owned brand” to its corporate portfolio Bed Bath & Beyond is launching Studio 3B, a line of contemporary home décor and housewares inspired by modern design. The new own-brand line-up is the company’s seventh of at least eight planned. The...
