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Bed Bath & Beyond, Inc.

  • Limited Editions For Her to open at The Shops at SkyView Center

    Queens, N.Y. -- Onex Real Estate Partners announced its latest lease deal for The Shops at Sky View Center, as fashion boutique Limited Editions For Her will open a 4,000-sq.-ft. store at the Flushing, Queens center.

    The store will be located across from Old Navy on Level D and is slated to open in June. “Obtaining a retail space at The Shops at SkyView Center is the perfect vehicle for Limited Editions For Her to continue its New York expansion and broaden its customer base,” said Brad Guth, VP retail for Limited Editions For Her.

  • Bed, Bath & Beyond tries fitness bag on for size

    SAN FRANCISCO — Bed, Bath & Beyond will test the fitness waters in April and offer Fitmark bags at select California locations to see how well the high-end travel bags fare with customers. 

    Bed, Bath & Beyond customers can find the bags in an entirely new category for the store, aimed at fitness enthusiasts.

  • Bed Bath & Beyond Q4 and full-year profit rises

    Union, N.J. -- Bed Bath & Beyond Inc. reported Wednesday that net income for the quarter ended March 2 increased 14% to $373.9 million, compared with $351 million in the year-ago period. But the retailer’s guidance for the current quarter came up short.

    Sales leaped 24.5% to $3.401 billion, from $2.732 billion, and same-store sales rose 2.5%.

    For the fiscal year, net earnings rose 12% to $1.038 billion), from $989.5 million. Full-year revenue rose 14.9% to $10.915 billion, and same-store sales for fiscal 2012 increased 2.7%.

  • Bed Bath and Beyond earnings surge 14% in Q4

    UNION, N.J. — Bed Bath & Beyond Inc. reported net earnings of $1.68 per diluted share ($373.9 million) in the fiscal fourth quarter ended March 2, 2013, an increase of approximately 14% versus net earnings of $1.48 per diluted share ($351 million) in the same quarter a year ago.  

  • Hodgdon Group completes 15th retail project for Ashley Furniture

    Colton, Calif. -- The Hodgdon Group announced that it has completed construction of the conversion of a former Babies "R" Us building at Eastland Center in West Covina, Calif., for the opening of an Ashley Furniture HomeStore on March 15.

    Hodgdon Group's HMC Construction handled all entitlements and served as the design-build contractor for the major renovation of the 42,000-sq.-ft. freestanding building. The West Covina location, in Eastland Center, represents the 15th Ashley Furniture HomeStore to be completed by the Hodgdon Group.

  • U.S. Bank closes on $46 million loan for Pier Park North

    Panama City Beach, Fla. -- Columbus, Ohio-based Casto said that its JV partners The St. Joe Co. and Strategic Retail Advisors, along with U.S. Bank, have closed on a $46 million construction loan that will finance The Pier Park North Shopping Center, a 360,000-sq.-ft. shopping center in Panama City Beach, Fla.

  • Clarion Partners awards JLL leasing, management of Coral Sky Plaza

    Royal Palm Beach, Fla. -- Jones Lang LaSalle Retail announced that the firm has been retained by Clarion Partners as the exclusive leasing and management agent for Coral Sky Plaza in Royal Palm Beach, Fla.

    The 233,000-sq.-ft. strip center is anchored by BJ’s Wholesale Club and is currently 97% leased.

    Coral Sky Plaza is tenanted by Ross Dress for Less, Bed Bath & Beyond, Buy Buy Baby and BJ’s Wholesale Club. Jones Lang LaSalle said it is currently seeking high-impact retailers to fill a vacant endcap space.

     

  • Here’s to a hair free New Year

    NEW YORK — Same store sales at Bed Bath & Beyond could be in for a nice bump if a pricy new hair removal product becomes popular with shoppers.

  • Bed, Bath & Beyond Q3 profit up

    New York -- Third quarter same store sales at Bed Bath & Beyond were negatively affected by Hurricane Sandy, but the nation’s leading home good retailer still managed to grow profits.

    Bed, Bath & Beyond said net income for the third quarter ended Nov. 24, increased 1.8% to $233 million.

    Sales increased 15.3% to $2.7 billion, largely due to two acquisitions earlier in the year, while same store sales advanced 1.7% and were negatively affected by an estimated .9% due to Sandy.

  • Bed Bath & Beyond weathers Sandy

    Third quarter same store sales at Bed Bath & Beyond were negatively affectivd by Hurricane Sandy, but the nation’s leading home good retailer still managed to grow profits.

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