Skip to main content

Bed Bath & Beyond, Inc.

  • Best Buyout?

    With recent reports indicating Best Buy Founder and former Chairman Richard Schulze is not expected to present a buyout option to the board in the immediate future, some of the buzz about the iconic electronics retailer has died down. But the handwringing and public speculation about Best Buy’s future has me thinking about what will—or perhaps, should—come next for the brand.

  • Body Central opens at Cumberland Mall

    Vineland, N.J. -- Philadelphia-based Pennsylvania Real Estate Investment Trust said that Body Central has opened a 4,256-sq.-ft. store at Cumberland Mall, in Vineland, N.J.

    Justice also recently opened at Cumberland Mall, which is anchored by Boscov’s, Marshalls, J.C. Penney, Burlington Coat Factory, Michaels, Old Navy and Bed Bath & Beyond.

     

  • Bed, Bath & Beyond tender offer for Cost Plus shares is successful

    Union, N.J. -- Bed Bath & Beyond Inc. announced that its tender offer for the outstanding shares of common stock of Cost Plus was successful.

    The company said Friday that about 20.8 million shares representing about 92% of Cost Plus' outstanding stock were tendered. The company currently has approximately 22.5 million outstanding shares, according to FactSet.

    Cost Plus will become a Bed Bath & Beyond subsidiary and will stop trading on the Nasdaq the first business day after the deal closes.

  • Blackstone and DDR close $1.4 billion EDT acquisition

    Beachwood, Ohio -- Blackstone's flagship real estate fund and DDR Corp. announced Thursday hat a joint venture formed by the two entities has closed on the acquisition of a portfolio of 46 shopping centers previously owned by EPN Group.

    The joint venture has assumed approximately $635 million of senior non-recourse debt and has originated an additional $320 million non-recourse loan facility, which has a five-year term.

  • Outlook underwhelms at Bed Bath & Beyond

    UNION, N.J. — The growth prospects of the nation’s leading home goods retailer is being questioned following a solid first quarter performance and weaker-than-expected outlook.

  • RECon 2012 left landlords and tenants anticipating what’s to come

    A heat wave washed over Las Vegas just in time for the International Council of Shopping Centers’ annual RECon event May 20-23 — and the mood inside the Las Vegas Convention Center was just as elevated.

    “I am very bullish on this year’s RECon,” said Andy Graiser, co-president of A&G Realty Partners, Melville, N.Y. “Growth is becoming evident in most all categories, and it’s smart growth.”

  • Bed Bath & Beyond profit up, but slowing growth a concern

    Union, N.J. -- Bed Bath & Beyond Inc. reported Thursday that net income rose 14.5% to $206.8 million, compared with $180.6 million in the year-ago period.

    Revenue increased 5.1% to $2.22 billion from the year-earlier quarter, missing Wall Street’s projected $2.25 billion in revenue. Same-store sales rose 3%.

  • Bed, Bath & Beyond buys Linen Holdings

    UNION, N.J. — Bed Bath & Beyond has expanded its business with the all cash acquisition of Linen Holdings, LLC for approximately $105 million.  Based in Gibbsboro, New Jersey, Linen Holdings LLC is a privately-held, value-added distributor of bath, bed and table linens, other textile products and amenities to customers in the hospitality, cruise line, food service, health care and other industries.

X
This ad will auto-close in 10 seconds