Type Public Revenue 11.5 billion USD (2014) | Industry Retail | |
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Traded as NASDAQ: BBBY
NASDAQ-100 Component
S&P 500 Component Founded 1971; 46 years ago (1971) (as Bed 'n Bath)
Springfield, New Jersey, U.S. Founders Warren Eisenberg
Leonard Feinstein Number of locations 1,504 (all divisions)
(May 2014) Stock price BBBY (NASDAQ) US$ 40.40 0.00 (0.00%)28 Feb, 4:00 PM GMT-5 - Disclaimer Headquarters Union, New Jersey, United States CEO Steven H. Temares (Apr 2003–) Subsidiaries Buy Buy Baby, Christmas Tree Shops Profiles | ||
Bed Bath & Beyond Inc. is an American-owned chain of domestic merchandise retail stores in the United States, Puerto Rico, Canada and Mexico. Formed in 1971, the stores sell goods primarily for the bedroom and bathroom, as well as kitchen and dining room. The company is included in the S&P 500 and Global 1200 Indices and the NASDAQ-100 Index. It is also counted among the Fortune 500 and the Forbes Global 2000 as well.
Contents
Since the liquidation of Linens 'n Things, Bed Bath & Beyond has had few major retail competitors except Walmart, Target, J. C. Penney, and some mid-sized players like Pier 1 Imports. Companies such as Crate & Barrel, IKEA and the numerous Williams-Sonoma companies (e.g. Pottery Barn and West Elm) are competitors as well.
History
In 1971, Warren Eisenberg and Leonard Feinstein opened a store in Springfield, New Jersey called Bed 'n Bath. By 1985, Eisenberg and Feinstein were operating 17 stores in the New York metropolitan area and California. Also in 1985, the first superstore was opened, as an attempt to remain competitive with Linens 'n Things, Pacific Linen, and Luxury Linens. In order to properly represent the size increase in its retail stores, the company changed its name to Bed Bath & Beyond.
Acquisitions
Other subsidiaries
There is a New Zealand chain with the name "Bed Bath & Beyond", which has no corporate connection with the American company.