Bed Bath & Beyond Finds Financial Success
Union, N.J., Housewares retailer Bed Bath & Beyond has exceeded financial expectations for 52 consecutive quarters. The company plans to continue this trend by opening 500 stores in the next five to seven years. It expects to open 85 of those stores this fiscal year, which ends in February 2006.
Currently, the company has 675 Bed Bath & Beyond stores and 35 Harmon stores. The company acquired Christmas Tree Shops, a chain of 26 stores, last year.