Can Bed Bath & Bead stop coming back?

Bed Bath & Beads While they are making a comeback in small format stores, some industry experts have told Fox Business that the size of the store is less important than the product itself.

According to Kimberly Reuter and Hitha Herzog, founders of CSG Consulting, the previous management team missed Mark, according to H Squared Research’s retail analyst and chief research officer.

last week. Kirkland’s Inc. has concluded a $25 million investment agreement with Beyond, the parent company of Bed Bath & Beyond. Overstock, zulily, and the baby shopping shop, Kirkland has become the operator and licensee of the exclusive brick and mortar stores for a new small “neighborhood” bed bath and locations across the country beyond.

In October, when the deal was first announced, the company said it would use its Kirkland store operation expertise and its brick-and-mortar footprint to curate a “assortment of iconic legacy vendor partners.” “The Kirkland home has a 58-year heritage in the home decor sector, and the brand and core strength of the organization lies in merchandising and store operations,” Kirkland’s Inc. CEO Amy Sullivan said in a statement at the time. “He said.

Reuters is troubled by issues such as “inventory management, slow adoption of online shopping trends, excessive reliance on coupon shopping,” which led to the filing of Chapter 11 bankruptcy protection in 2023, Reuters said I said.

Bed Bath & Beyond Brand is back in the physical store

In June of that year, Overstock acquired the company’s intellectual property assets for $21.5 million, and by October it changed its name to Beyond Inc., but fights for survival amid the evolution of retail dynamics. I continued. Last year, I left my deal with Container Store Group and used sections within store property locations to showcase a selection of co-branded kitchen, bath and bedroom items.

“Opening in a smaller format won’t solve any of these issues,” Reuters said. To exacerbate this issue, the company served its customers when widespread access to household goods was limited. Today there is a merciless competition Home goods market between Amazon Tem, Target, Wayfair, Reuters said.

Herzog agreed, saying, “I have an incredible brand equity in beds, baths and then after that.” It is “where its value primarily resides.”

“The challenges in the store were not about brand recognition. The challenges were related to stores that didn’t focus on what consumers wanted on a local level,” Herzog said. She added that other large box stores like Walmart and Target do a better job of appealing to consumers based in their local markets.

Reuters predicted that the best scenario for these stores would be to be physical outlets of stock and zulily products, in addition to physical outlets of private label products in Kirkland.

Beyond bed baths and shuttered stores: these businesses are in

“The play is very similar to Tjmaxx’s Home Goods Store, and it could also be that these physical locations will become the return center of our sister company,” Reuters said.

Anyway, Reuters said if Bedverse & Beyond and Kirkland were not addressing the company’s failure, supply chain and underlying causes of inventory, they “will fail again.”

Fox Business reached out to Kirkland’s for comment.

“In overlap with this, the rise in disputed tariffs could be an optimal storm for another obstacle, as this could lead to an increase in product costs,” Reuter added.

Meanwhile, Herzog said Kirkland’s support is important. Overcoming those previous challenges.

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Previously, management had made decisions that were not exactly what their core customers wanted, Herzog said. Today, Kirkland is “inducing conversations and creating a roadmap about where this company is going,” Herzog said. “It makes a difference this time, as Kirkland supports them.”

“We had problems with them without bringing management back to the management point under the bus. I don’t think they really understood the pivot. I think they stumbled after the pandemic,” Herzog said. I said that. “They didn’t understand how to organize their businesses enough to withstand a huge hit in the retail industry and their business, as the pandemic had.”