Buy Buy Baby
 | |
 buy buy BABY store at Oakville Place | |
| Company type | Subsidiary |
|---|---|
| Industry | Retail |
| Genre | Baby needs |
| Founded | 1996 |
| Founders | Richard Feinstein Jeffrey Feinstein |
| Headquarters | , U.S. |
Number of locations | 133[1] |
Area served | United States |
| Products | Baby products |
| Owner | Bed Bath & Beyond |
| Parent | Bed Bath & Beyond (2007–present) |
| Website | www |
Buy Buy Baby, Inc. (stylized: buybuy BABY) is an American chain of stores that sell clothing, strollers and other items for use with infants and young children. It operates 133 stores across the United States.[1]
The chain was founded in 1996 by brothers Richard and Jeffrey Feinstein, sons of Bed Bath & Beyond co-founder Leonard Feinstein.[2][3][4] It consisted of eight stores when it was acquired by Bed Bath & Beyond in 2007 for $67 million.[2][3][4] Its primary competitor was Babies "R" Us until 2018, when Toys "R" Us, Babies "R" Us' parent, filed for bankruptcy and closed all U.S. locations in 2018.[5][6]
On February 10, 2023, it was revealed that its parent company, Bed Bath & Beyond, intended to cease its Canadian division, closing all stores including Buy Buy Baby locations. According to court documents, the business does not have the "capacity or ability to independently effect a recapitalization or restructuring of the Canadian operations without access to cash and the support".[7]
References
- ^ a b "Bed Bath & Beyond Inc. Reports Third Quarter Results (Ending November 27, 2021) Delivering Strong Gross Margin Performance". Bed Bath & Beyond. 2022-01-06. Retrieved 2022-03-15.
- ^ a b "Bed Bath & Beyond Inc. Announces the All Cash Acquisition of buybuy BABY". Bed Bath & Beyond. 2007-03-22. Retrieved 2022-03-15.
- ^ a b Bandell, Brian (2018-09-05). "Co-founders of BuyBuy Baby pay $21M for new mansion in Palm Beach". South Florida Business Journal. Retrieved 2023-01-31.
- ^ a b Euler, Laura (2022-06-21). "Buy Buy Baby Founders Wave Bye-Bye to Gatsbyesque Long Island Estate". Dirt. Retrieved 2023-01-31.
- ^ Mannes, Tanya (27 April 2012). "Will new baby megastore compete with Babies R Us?". The San Diego Union-Tribune. Retrieved 2022-03-15.
- ^ Hirsch, Lauren (2018-06-29). "Toys R Us stores close Friday, leaving behind nostalgia, anger and a chance of revival". CNBC. Retrieved 2022-03-15.
- ^ "Bed Bath & Beyond to wind down Canada operations". Reuters. Reuters. 10 February 2023. Retrieved 11 February 2023.
External links
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