Bed Bath & Beyond to Open 40 Stores in 2012

During a recent earnings call, Union, N.J.-based Bed Bath & Beyond announced plans to open approximately 40 new stores across all of the company's concepts during fiscal 2012. The company also said that it plans to continue to relocate, remodel and expand a number of stores. "We believe that throughout the United States and Canada, there's an opportunity to operate an excess of 1,300 Bed Bath & Beyond stores, as well as continue to grow our Christmas Tree Shops and buybuy BABY concepts from coast to coast," said Warren Eisenberg, co-chairman of Bed Bath & Beyond.