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Bed Bath and Beyond

Bed Bath & Beyond Inc.
Public
Traded as
Industry Retail
Founded 1971; 46 years ago (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

Increase$ 11.504 billion (FY 2014)

Decrease$ 1.614 billion (FY 2014)
Decrease$ 1.022 billion (FY 2014)
Total assets Increase$ 6.356 billion (FY 2014)
Total equity Decrease$ 3.941 billion (FY 2014)
Number of employees
58,000 (2014)
Subsidiaries See below
Website www.bedbathandbeyond.com

Increase$ 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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