Bed Bath & Beyond
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| Type | Public (NASDAQ: BBBY) |
|---|---|
| Founded | 1971 |
| Headquarters | Union, New Jersey, U.S. |
| Key people | Warren Eisenberg (co-founder) Leonard Feinstein (co-founder) Steven Temares, CEO Arthur Stark, President |
| Industry | Retail |
| Products | Home Furnishings |
| Revenue | US$7.048 billion (2007) |
| Net income | US$534 million (2007) |
| Total equity | US$6.5 billion[1] |
| Employees | 39,000 |
| Website | www.bedbathandbeyond.com |
Bed Bath & Beyond Inc. (NASDAQ: BBBY) was formed in 1971 and today operates a chain of domestic merchandise retail stores across United States and Canada. They feature mostly medium-ranged, but also a limited selection of high quality, domestic merchandise: items for the bedroom, bathroom, kitchen, and dining room. The company is included in the S&P 500 and Global 1200 Indices and the NASDAQ-100 Index. It is also counted among the Fortune 500 and the Forbes 2000.
The company's corporate headquarters are located at 650 Liberty Avenue, Union Township, Union County, New Jersey 07083.
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[edit] Subsidiaries and other retail stores
Bed Bath & Beyond Inc. and its subsidiaries operate chains of retail stores under the names Bed Bath & Beyond, Christmas Tree Shops, Harmon, Harmon Face Values and buybuy BABY. In addition, through a joint venture, Bed Bath & Beyond Inc. operates the retail stores Home & More in Mexico.
[edit] Pop culture
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Lists of miscellaneous information should be avoided. Please relocate any relevant information into appropriate sections or articles. (October 2009) |
- Many jokes have been made about the Beyond portion of the Bed Bath & Beyond name on television (Family Guy, Futurama, Good Eats, The Simpsons, Will & Grace and Yin Yang Yo!) - in The Simpsons, Homer purchases a gun from a shop called Bloodbath and Beyond.
- The "Beyond" department is also prominently featured in Adam Sandler and Christopher Walken's 2006 comedy film Click. The door marked "Beyond" leads to a workshop helmed by Walken, with a door marked "Way Beyond" leading way to a massive storage unit, which contained the Universal Media Remote that Sandler's character is searching for.
- In the 2003 movie Old School, Will Ferrell's character Frank rejects chugging a beer at a college party because he has a busy Saturday planned with his wife, stating "we're going to Home Depot—maybe Bed Bath & Beyond—I don't know if we'll have enough time."
- It is also featured in Trey Parker's song "America, Fuck Yeah" from comedy puppet film Team America: World Police.
[edit] Competition
Since the liquidation of Linens 'N Things, Bed, Bath & Beyond has no major retail competition except Wal-mart and Target. Their major marketing strategy is using coupons and having exceptional customer service. However, with the loss of their competitors, Bed Bath and Beyond is becoming more stern with their coupon policy. Now that they don't have to outperform Linens 'n Things, they will no longer be accepting expired coupons as of January 1st, 2010.
[edit] References
- ^ "Company Profile for Bed Bath & Beyond Inc (BBBY)". http://www.zenobank.com/index.php?symbol=BBBY&page=quotesearch. Retrieved 2008-10-21.
