![]() And, we’re adding more of the brands you expect from Bed Bath & Beyond every day. For Bed Bath & Beyond customers: You’ll already find many of your favorite products on the new Bed Bath & Beyond website and app.Can I purchase the same products and brands? Will buybuy BABY or Harmon be returning? buybuy BABY and Harmon are no longer affiliated with the new Bed Bath & Beyond. Will Bed Bath & Beyond stores be reopening? While we don’t have plans to reopen stores, we’re excited to offer you endless aisles of your favorite products from the convenience of our new Bed Bath & Beyond website and app. You can shop a huge selection of the top home furnishings brands at a great value. ![]() What exactly is changing? We’re bringing together the best of Bed Bath & Beyond and Overstock to create a single online shopping destination, all under the Bed Bath & Beyond name. Your Overstock account, order history, and saved items are available just as they were before this exciting change. You’ll still find all the home products, deals, and affordable prices you love from Overstock on the new Bed Bath & Beyond website and app. And now we’re offering an even bigger “beyond” with a wide selection of furniture, decor, rugs, and more to help you create the home of your dreams! What happened to Overstock? Overstock is now Bed Bath & Beyond. All rights reserved.Is Bed Bath & Beyond back? Yes! Bed Bath & Beyond is back with a new website and app where you’ll find all the quality items you know and love. ![]() ™ & © 2023 Cable News Network, Inc., a Warner Bros. “With not a lot of new development going on, everyone’s growth will come from second-generation space,” he said. A&G Real Estate Partners is auctioning off leases to the stores, which are 10,000 to 20,000 square feet, said Mike Matlat, A&G’s senior managing director.ĭiscount chains are interested in moving into those spaces because they’re small and already built, Matlat said. Meanwhile, another home goods retailer, Tuesday Morning, will close more than 250 stores this year. He also believes Bed Bath & Beyond may not be able to avoid bankruptcy or liquidation, which would lead to more vacancies. “We feel pretty bullish based on the demand that we’ve seen that we’ll be able to release all of these spaces to other retailers,” said Lance Billingsley, the company’s senior vice president of anchor leasing. Once an agreement is finalized, it usually takes 18 to 24 months for the new retailer to open. The company has previously opened gyms at former stores of two brands that filed for bankruptcy: Toys ‘R’ Us and Sears.Ī real estate investment trust that owns nine Bed Bath & Beyond stores, Federal Realty, is currently talking to chains like TJX, Burlington, Ross, Nordstrom Rack, Container Store and others about moving into Bed Bath & Beyond spaces. “Bed Bath and Beyond sites are interesting to us, and we are exploring available opportunities with our franchisees,” a spokesperson told CNN. In fact, despite high inflation and a pullback in retail sales, physical store openings exceeded closings last year for the first time since 2016, according to Coresight Research.Īnd so far store opening announcements have outpaced store closures this year, the firm says, with Dollar General, Family Dollar, Dollar Tree and Five Below at the top.īut it’s not only retailers looking for space and enjoying growth.ĭiscount gym Planet Fitness is opening about 200 new gyms a year. ![]() Other companies are using their stores to ship online orders to customers, which can be more efficient than delivering orders from warehouses. Growth has been most pronounced in the discount segment of retail as shoppers on tight budgets search for low prices. In some cases, landlords are also eager to replace old Bed Bath & Beyond leases because the company was paying below-market rent in certain locations, Telsey Advisory Group analysts said.īed Bath & Beyond has fallen to the “retail apocalypse” over the past decade, but many chains are still growing. “There is good interest for Bed Bath & Beyond stores that are closing given desirable locations” and an average size of around 30,000 square feet, retail analysts from Telsey Advisory Group said in a note to clients. Plus, the majority of its stores are in the suburbs of mid-size and large cities and are under 50,000 square feet, all of which are attractive qualities in retail as brands trend toward smaller spaces to save on rent, labor and other overhead. The company has stores in all 50 states, with the most in population-dense areas in California, Texas, New Jersey and Florida. So Bed Bath & Beyond has a lot to offer prospective tenants.
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