Bed Bath & the great Beyond: How the home-goods giant went bankrupt

Over the weekend, Bed Bath & Beyond announced it was going out of business and would close its 360 stores.

So what happened? Former executives say the company “missed the boat” on the internet, promoting “offline shopping” as recently as 2019. There was also a disastrous attempt to replace brand-name goods with store brands like Everhome and Nestwell – a move that led to the ouster of the company’s CEO and founders. Finally, there’s the pandemic – which drastically cut store traffic at a time when it was already struggling.

Area Bed Bath & Beyond locations:

When’s the last time you shopped at a Bed Bath & Beyond?  How much in-person shopping do you do vs. online shopping?

Recently Played

Rocket Man (i Think Its Going To Be A LongElton John
JeremyPearl Jam
Take On MeA-ha
DecemberCollective Soul
You Make My DreamsDaryl Hall And John Oates