- 1 What is the equivalent of Bed Bath and Beyond in the UK?
- 2 Is Target cheaper than Bed Bath and Beyond?
- 3 Does Canada have a Bed Bath and Beyond?
- 4 Are there Bed Bath and Beyond stores in Europe?
- 5 Why did Bed Bath & Beyond go broke?
- 6 What was Bed Bath and Beyond called?
What is the equivalent of Bed Bath and Beyond in the UK?
In the U.K. the biggest equivalent would be B&Q & HomeBase. There are smaller franchises like screwfix & tooled up; but the two above are the absolute closest you’ll find to a home depo. Where can you use Bed Bath and Beyond coupons?
What has happened to Bed Bath and Beyond?
Updated on: August 1, 2023 / 4:11 PM / MoneyWatch Overstock to rebrand as Bed Bath & Beyond after buying brand’s intellectual property Overstock to rebrand as Bed Bath & Beyond after buying brand’s intellectual property 00:54 Bed Bath & Beyond, the home goods retailer that closed its remaining stores after filing for bankruptcy in April, relaunched Tuesday as an online-only brand under new owner Overstock.com. Overstock’s website now redirects visitors to BedBathandBeyond.com, where the former big-box retailer is again selling bathroom, bedroom and kitchen-related products. The online store lets customers peruse a larger array of home furnishings and fixes some problems that were afflicting both Overstock and Bed Bath, according to Overstock CEO Jonathan Johnson. “Overstock has a great business model with a name that does not reflect its focus on home,” he said in a statement, “Bed Bath & Beyond is a much-loved and well-known consumer brand, which had an outdated business model that needed modernizing.” Overstock bought Bed Bath & Beyond in June for $21.5 million during a bankruptcy court-supervised auction, The purchase didn’t include Bed Bath & Beyond’s remaining brick-and-mortar stores, which closed earlier this summer, The revived Bed Bath & Beyond also said it has reinstated points that shoppers had earned under the company’s former loyalty program and refreshed the store’s mobile app. Overstock can use whatever bump in its business Bed Bath & Beyond can give it. Johnson told analysts during an earnings call last week that Overstock’s active customer and order frequency fell 29% to $4.6 million during the second quarter compared to the year-ago period. “We expect that over time, the relaunch of Bed Bath & Beyond brand, growing mobile app adoption and enhanced loyalty offerings will help improve this metric,” he told analysts. Bed Bath & Beyond failed amid a wave of retail bankruptcies in recent years as the economy slowed and Americans became less willing to spend. Cineworld Group (the parent company of Regal Cinema), Party City and Vice Media are just a handful of brands on a longer list of Chapter 11 filings so far this year. Tuesday Morning and Revlon went bankrupt last year. Bed Bath & Beyond opened as a privately held business in 1971 and went public in 1992. As the U.S. economy boomed, the company had a 15-year run of earnings that met or beat Wall Street expectations. But its momentum slowed with the explosion of online shopping. Before filing for bankruptcy, Bed Bath and its children’s focused store, Buy Buy Baby, had experienced years of declining sales, After changing its website name, the Overstock brand will quietly dissolve over time, company officials said. Johnson told the Associated Press that the rebrand was necessary because Overstock still confuses some customers and suppliers who believe it is a liquidator, which is how the company got its start in 1999. It transformed in 2004 into a general merchandise retailer, selling a wide variety of items. In 2021, Overstock fine-tuned its strategy to focus on furniture and home decor, doing away with items like clothing and jewelry. Bed Bath & Beyond’s relaunch comes nearly a month after the company made a similar move in Canada. Johnson told the AP that the company has added roughly 600,000 new products since last month. —The Associated Press contributed to this report.
In: Bed Bath & Beyond
Khristopher J. Brooks Khristopher J. Brooks is a reporter for CBS MoneyWatch covering business, consumer and financial stories that range from economic inequality and housing issues to bankruptcies and the business of sports. Thanks for reading CBS NEWS. Create your free account or log in for more features. Please enter email address to continue Please enter valid email address to continue
Is Target cheaper than Bed Bath and Beyond?
Bed Bath & Beyond is generally considered to be a higher-end store than Walmart or Target, and as such, the prices of items at Bed Bath & Beyond are often higher than those at these other stores.
Does Canada have a Bed Bath and Beyond?
Bed, Bath & Beyond is relaunching online in Canada. Overstock, a U.S. online furniture retailer, has acquired the intellectual property and some digital assets of the brand and the relaunch will be available for Canadians within the week, the company announced in a press release. A refurbished website, mobile app and loyalty program for U.S.
Customers will be launched within the next few weeks. The acquisition took place under a bankruptcy court-supervised process. In April, Bed Bath & Beyond filed for Chapter 11 bankruptcy protection after the New Jersey-based retailer failed to secure funds to stay afloat. “This acquisition is a significant and transformative step for us,” said Overstock CEO Jonathan Johnson.
“Bed Bath & Beyond is an iconic consumer brand, well-known in the home retail marketplace. The combination of our winning asset-light business model and the high awareness and loyalty of the Bed Bath & Beyond brand will improve the customer experience and position the Company for accelerated market share growth.” Story continues below advertisement 3:19 The future of brick and mortar stores: ADvice Trending Now The Bed Bath & Beyond assets acquired include website and domain names, trademarks, tradenames, patents, customer database, loyalty program data and other brand assets related to the Bed Bath & Beyond banner.
- The U.S. Bankruptcy Court for the District of New Jersey approved Overstock’s winning bid at a sale hearing on Tuesday.
- The brick-and-mortar operations of Bed, Bath & Beyond Inc.
- Are not included in the deal, meaning the physical stores won’t be reopening even as the online brand comes back to life.
- Combining the strengths of the Overstock operational model and the Bed Bath & Beyond brand will create a powerful synergy,” Johnson said.
“I’m excited for consumers to experience the new Bed Bath and an even bigger and better Beyond.” © 2023 Global News, a division of Corus Entertainment Inc.
Are there Bed Bath and Beyond stores in Europe?
Alternatives to Bed Bath and Beyond in the UK and London – One of my absolute favorite Bed Bath and Beyond alternatives is Dunelm. This is the most similar to Bed Bath and Beyond and sells furniture, towels, curtains, garbage cans, storage containers and more.
However, like many big box stores, Dunelm is found outside of London rather than in the city. Another option is ASDA, ASDA is the equivalent of Wal-Mart in the UK and has lots of options for pots and pans, kitchen utensils, bathroom accessories and more. They also sell food as their main function, so its not exactly like Bed Bath and Beyond, but close enough.
If you live in London, you’ll want to try Argos, This is a store where you can order items from a catalog up front and then collect your items from the back. Because you don’t physically see the items until you’ve already bought them its not the best idea for something that has to be just right, but it is an option.
What is the British version of Target?
UK equivalent of Target includes: John Lewis – Covers all the departments Target has to offer but at Nordstrom prices. Marks & Spencer – Offers high-end food (particularly for entertaining) at higher prices and high-quality clothes at reasonable prices.
What is similar to Bed Bath and Beyond in Canada?
bedbathandbeyond.ca’s top 5 competitors in August 2023 are: wayfair.ca, homesense.ca, linenchest.com, lowes.ca, and more. – According to Similarweb data of monthly visits, bedbathandbeyond.ca’s top competitor in August 2023 is wayfair.ca with 15M visits.
Bedbathandbeyond.ca 2nd most similar site is homesense.ca, with 237K visits in August 2023, and closing off the top 3 is linenchest.com with 1.2M. lowes.ca ranks as the 4th most similar website to bedbathandbeyond.ca and bouclair.com ranks fifth. lowes.ca and bouclair.com received 4.2M visits and 1.5M visits in August 2023, respectively.
The other five competitors in the top 10 list are homedepot.ca (24.5M visits in August 2023), homedepot.com (208M visits in August 2023), homehardware.ca (5.5M visits in August 2023), overstock.ca (14.2K visits in August 2023), and overstock.com (2.1M visits in August 2023).
Why did Bed Bath & Beyond go broke?
Shoppers stand outside a Bed Bath & Beyond store in New Jersey. Julio Cortez/AP hide caption toggle caption Julio Cortez/AP Shoppers stand outside a Bed Bath & Beyond store in New Jersey. Julio Cortez/AP A total of 10 shoppers meandered the vast and visibly sparse aisles of a Bed Bath & Beyond in Northern Virginia on a recent Sunday. “Is it me or is it particularly cold in here?” one shopper asked another, pushing an empty cart past a wall of identical comforters.
She scanned the bare cul-de-sac of home decor that displayed a few mirrors and a scuffed wall shelf. A fluorescent light buzzed and flickered overhead. Once an unstoppable retailer — deemed a “category killer” for its triumph over many rivals — Bed Bath & Beyond has now filed for bankruptcy, It plans to begin closing its 360 Bed Bath & Beyond stores and 120 BuyBuy Baby stores.
A vision of this chain’s survival is bleak. “I remember thinking it feels like the last days of Sears in here,” said Daniel Callahan from Louisville, Ky., about a visit to once-beloved Bed Bath & Beyond a few months ago. “I wound up buying nothing,” he said. Soon after, that store indeed shuttered.
Bed Bath & Beyond enters bankruptcy distraught and turbulent, after several misfired turnarounds, abrupt leadership shakeups, a rise and crash as a meme stock, store closures, job cuts and numerous last-gasp financing deals. For months, the chain has been losing both money and shoppers, struggling to restock shelves as suppliers and banks cut off its tab.
Beneath the chaos, the home goods giant has faced a fundamental question: In a world that shops online, swarmed by competitors, where does it fit in?
What happened to Bed Bath and Beyond Canada?
The Canadian operations of Bed Bath & Beyond were draining too much cash: Analyst – VIDEO SIGN OUT American online furniture retailer Overstock has purchased the digital rights to Bed Bath & Beyond, with the goal of bringing the beleaguered store’s website back up and running in Canada.
The Salt Lake City, Utah-based retailer announced Wednesday it purchased Bed Bath & Beyond’s “website and domain names, trademarks, tradenames, patents, customer database, loyalty program data and other brand assets” for $21.5 million, with the goal of re-launching its website in Canada next week with the U.S.
version to follow. “This acquisition is a significant and transformative step for us,” Overstock CEO Jonathan Johnson said in a news release. “Bed Bath & Beyond is an iconic consumer brand, well-known in the home retail marketplace.” Physical stores are not on the way back, however, as the deal does not include the brick-and-mortar locations or previous leases.
Is Ikea cheaper than Bed Bath and Beyond?
This is the cheapest place to shop for homeware – and no, it’s not IKEA Join our newsletter Get the best home decor ideas, DIY advice and project inspiration straight to your inbox! Thank you for signing up to Realhomes. You will receive a verification email shortly.
There was a problem. Please refresh the page and try again. By submitting your information you agree to the and and are aged 16 or over. There’s nothing we love more than picking up a few new decor pieces in store before coming home and finding a way to style them in our homes. Vases, candles, crisp white bathroom towels – these little things make a huge difference.
But, as we know, our decor addiction isn’t cheap. A recent study analyzing the biggest home stores in the US showed Target to be the most affordable homeware brand overall. Living room with Target decor items (Image credit: @whilefloriansleeps / Self Financial) The study, conducted by, worked out how much it would cost to decorate individual rooms of the home while shopping exclusively at each of the big-name stores. It looked at hundreds of products from Pottery Barn, Bed Bath & Beyond, Crate & Barrel, All Modern and more.
- For the study, each room of a typical home had a specific list of items which were compared across the different retailers to get an average cost.
- For example a queen bed frame for the bedroom, or a coffee table for the living room.
- On average, the cost of furnishing a home with the essential items is $7,503.66.
The most expensive room in the house to decorate was the living room, which on average costs $3,284. Home office with items bout from Pottery Barn (Image credit: @grace_into_joy / Self Financial) Meanwhile, the cheapest turned out to be the bathroom that on average costs $224. Overall, Pottery Barn came out as being the most expensive, followed by Crate & Barrel and World Market. Bedroom with Target décor (Image credit: @gresham_houz / Self Financial) Lauren Bringle, a Financial Counselor at Self Financial, has shared some tips for buying items for your home on a tight budget. First and foremost, she recommends shopping second-hand.
‘Facebook marketplace and sites like Craigslist are a gold mine for pre-loved furniture and homeware,’ says Lauren. ‘Just be sure to get lots of photos from the seller to see the quality of the items before purchasing.’ She also suggests we look out for items on sale or clearance at the end of the season.
Post-season holiday decor is often a fraction of the original price. (Image credit: Alamy) An easy one to forget is affiliate discount codes. If shopping online, look out for those 10-15% discount codes that are often shared through customer referrals and influencers. So many brands offer 10% off for first-time buyers or for email signup. Here are a few Target pieces we’re loving right now:
Where to buy
Just remember to unsubscribe from the email afterward or you might end up spending even more money by being lured in by marketing emails. Quality will of course vary depending on where we shop and how much we spend. Some things like your sofa or you should always buy the highest quality you can afford, but there are some areas you can definitely save money on.
What stores compete with Bed Bath and Beyond?
Bed Bath & Beyond’s competitors. Bed Bath & Beyond’s competitors and similar companies include The Home Depot, Wayfair, Williams-Sonoma, TJX and Kohl’s. Bed Bath & Beyond is an omnichannel retailer that sells a wide assortment of domestics merchandise and home furnishings.
What did Bed Bath and Beyond used to be called?
Former subsidiaries –
- Bed Bath & Beyond Canada L.P. (2007–2023) – opened in 2007; operated 53 stores across 9 Canadian provinces; liquidated and closed in April 2023; brand relaunched in Canada by Overstock.ca alongside US relaunch in August 2023
- Bed Bath & Beyond México – a joint venture with Home & More, S.A. de C.V to operate stores in Mexico under the Bed Bath & Beyond name. The Mexican unit is not affected by the closure in the US and Canada and will continue to operate normally.
- Buy Buy Baby – founded by Richard and Jeffrey Feinstein; acquired in March 2007; closed with company in July 2023
- Harmon Face Values (2002–2023) – acquired in March 2002; closed in February 2023
- Cost Plus World Market (2012–2021) – acquired in May 2012; sold in February 2021
- Christmas Tree Shops (2003–2020) – acquired in 2003; sold in 2020; closed in August 2023
- One Kings Lane (2016–2020) – acquired in June 2016; sold in 2020
- Linen Holdings (2012–2020) – acquired in June 2012; sold in 2020
- Of a Kind (2015–2019) – acquired in August 2015; closed in October 2019
- Decorist (2017–2022) – acquired in 2017; closed in September 2022
What was Bed Bath and Beyond called?
Who We Are – Bed Bath & Beyond is a tech-driven online retailer located near Salt Lake City in the shadow of the Wasatch Mountains. Though we began in 1999 as Overstock, our brand has evolved from a liquidation startup to a billion-dollar online home retailer.
What company owns Bed Bath and Beyond?
Overstock.com is revamping using Bed Bath & Beyond’s name Overstock bought Bed Bath & Beyond’s intellectual property in bankruptcy court. Overstock CEO Jonathan Johnson said the company wanted Bed Bath & Beyond’s name recognition.