On September 26, 2009
Bed, Bath & Beyond Executes Growth Strategy Despite Recession
Bed, Bath & Beyond’s strong financial position puts it in a particularly strong position to explore the opportunities an economic recovery might offer. That strength has allowed it to do something in the downturn that many other retailers have had to forget about, and that’s grow. And not just a store here and there. The company has been able to execute on its long-term strategy of growing its core namesake stores and adding new locations under its Harmon health and beauty care banner, buybuy Baby children’s specialty operations and Christmas Tree Shops, a seasonal specialist that also sells home furnishings at a somewhat lower price/quality position than Bed, Bath & Beyond stores. In the recently completed second quarter, noted Wedbush…
0 Comments