Bed, Bath & Beyond

Overstock.com, Inc., which operates as Bed Bath & Beyond, today announced that it will change its corporate name to Beyond, Inc. effective Nov. 6, 2023. The company will also transfer its stock listing from the Nasdaq Global Market (NASDAQ) to the New York Stock Exchange (NYSE) and change its ticker symbol from OSTK to BYON. Following…

Online retailer Overstock.com on Tuesday placed a $21.5 million bid for some of Bed Bath & Beyond’s assets, including its intellectual property, reports CNBC. Overstock’s stalking horse bid — which will set the floor at the expected bankruptcy-run auction — also includes the business internet and mobile properties and all business data. The offer doesn’t include Bed Bath…

Bed Bath & Beyond announced yesterday that it has filed for bankruptcy under Chapter 11 to close its business and seek a sale of its assets. The home goods retailer has received a commitment of approximately $240 million in debtor-in-possession financing from Sixth Street Specialty Lending to facilitate the store closing process, pending court approval. Bed…

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…

Gustavo Arnal, Bed Bath & Beyond's executive vice president and chief financial officer, died from an apparent suicide on Sept. 2, after falling from the Manhattan skyscraper where he lived, according to a report from the New York's medical examiner’s office. Arnal joined Bed Bath & Beyond in May 2020 following a career in finance at Avon, Walgreens Boots…

In episode 285 of Total Retail Talks, Editor-in-Chief Joe Keenan interviews Gregg Melnick, executive vice president and chief stores officer at Bed Bath & Beyond. Listen in as Melnick discusses how the retail chain has transformed at an accelerated rate due to the COVID-19 pandemic, the value of operating within an "omni-always" lens, and how…

It’s been hard times recently for retailers, for example, R.H. Macy & Co. Founded by Rowland Hussey Macy in 1858 in New York City, on opening day the company had sales of $11.08. That would be $328.10 today based on inflation. Macy's moved to Herald Square in 1902 and through expansion eventually became the “largest…

In a world of cynics it’s easy to focus purely on what needs fixing or what’s just plain silly. Yet no doubt you agree that it can be refreshing and heartening to concentrate on the positive things one sees in daily life. Here are a few I encountered in the past few weeks: Gift cards for various merchants sold in supermarkets. A display at my local Super Fresh included gift cards for companies such as Bed Bath & Beyond and The Home Depot. Talk about convenient holiday gift shopping for consumers and an added distribution channel for merchants. To whomever thought of that idea,