Bed Bath and Beyond
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|
| Public | |
| Traded as | |
| Industry | Retail |
| Founded | 1971 (as Bed 'n Bath) Springfield, New Jersey, U.S. |
| Founders | Warren Eisenberg Leonard Feinstein |
| Headquarters |
Union, New Jersey United States |
|
Number of locations
|
1,504 (all divisions) (May 2014) |
|
Key people
|
Warren Eisenberg (Co-Chairman) Leonard Feinstein (Co-Chairman) Steven H. Temares (CEO) Arthur Stark (President) |
| Products | Home furnishings |
| Revenue |
|
 $ 1.614 billion (FY 2014)
|
|
|
$ 1.022 billion (FY 2014)
|
|
| Total assets |
 $ 6.356 billion (FY 2014)
|
| Total equity |
$ 3.941 billion (FY 2014)
|
|
Number of employees
|
58,000 (2014) |
| Subsidiaries | See below |
| Website | www |
$ 11.504 billion (FY 2014)
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. It is also counted among the Fortune 500 and the Forbes Global 2000 as well.
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.
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.
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Wikipedia