A few weeks later, it said it was in default on its loans and didn't have sufficient funds to repay what it owes. In early January, Bed Bath & Beyond warned that it may need to file for bankruptcy. The company's volatile stock, which rose 92% on Monday, fell 47% on Tuesday, ending the day at $3.01, down 82% over the past year. The Company is also enhancing its ability to achieve this objective through an ongoing commitment to world class information and interactive technology, comprehensive analytics and targeted marketing and communications.List of Bed Bath & Beyond Store Closings Includes 4 in CT Through its growing analytic capabilities and omnichannel marketing approaches, the Company strives to more efficiently and effectively understand and satisfy its customers’ needs. The Company continues to grow, differentiate and leverage its assortment across all channels, concepts and countries in which it operates, to better engage with its customers wherever, whenever and however they express their life interests and travel through their life stages. The Company strives to do more for and with its customers by: offering an extensive breadth, depth and differentiated assortment of merchandise at the right value presenting merchandise in a distinctive manner designed to maximize customer convenience and reinforce customer perception of a wide selection and providing excellent customer service, including new ideas and solutions. Home furnishings include categories such as kitchen and tabletop items, fine tabletop, basic housewares, general home furnishings, consumables and certain juvenile products. Domestics merchandise includes categories such as bed linens and related items, bath items and kitchen textiles. The Company sells a wide assortment of domestics merchandise and home furnishings. Additionally, the Company is a partner in a joint venture which operates retail stores in Mexico under the name Bed Bath & Beyond. The Company also operates Linen Holdings, a provider of a variety of textile products, amenities and other goods to institutional customers in the hospitality, cruise line, healthcare and other industries. In addition, the Company operates Of a Kind, an e-commerce website that features specially commissioned, limited edition items from emerging fashion and home designers One Kings Lane, an authority in home décor and design offering a unique collection of select home goods, designer and vintage items and, an industry-leading online retailer of personalized products. The Company has the developing ability to have customer purchases picked up in-store or shipped direct to the customer from the Company’s distribution facilities, stores or vendors. Customers can purchase products from the Company either in-store, online or through a mobile device. and subsidiaries (the “Company”) is a retailer selling a wide assortment of domestics merchandise and home furnishings which operates under the names Bed Bath & Beyond, Christmas Tree Shops, Christmas Tree Shops andThat! or andThat!, Harmon, Harmon Face Values or Face Values, buybuy BABY and World Market, Cost Plus World Market or Cost Plus. Corporate Profileįounded in 1971, Bed Bath & Beyond Inc.
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