Bed bath and beyond hours mn8/14/2023 ![]() ![]() Former officials describe a company lost in search of its niche. SELYUKH: But over time, Bed Bath faced intense competition from Amazon and Target, Wayfair and West Elm. JACOBSON: (As Abbi Abrams) Yeah, to throw idiots off. JOHN GEMBERLING: (As Matt Bevers) They have expiration dates on them. TV show "Broad City" built a whole subplot around it.ĪBBI JACOBSON: (As Abbi Abrams) Bed Bath & Beyond coupons never expire. SELYUKH: And then there was the iconic big blue coupon for 20% off, which became so stitched into the cultural fabric that the FBI found one in the kitchen drawer of mobster Whitey Bulger. You came in, you found what you wanted and 10 other things. GROSSFELD: It was that floor-to-ceiling - stack them high and watch them fly was kind of our motto. Its stores had a secret weapon - local managers got to decide what to stock for their shoppers. It survived the Great Recession, outlived its main rival, Linens 'n Things, then bought buybuy BABY, the World Market, online retailer One Kings Lane. Back then, the chain had about 1,500 stores, having ballooned from its origins as a New Jersey retailer from the 70s. Beneath this chaos, the chain has faced a fundamental question - in a world that shops online, swarmed by competitors, where does it fit?īETH GROSSFELD: Identity crisis is actually, I think, a key word.īLOCK: Beth Grossfeld worked in Bed Bath marketing for 13 years, until 2019. It's gone through leadership shakeups, failed turnarounds, a rise and crash as a meme stock, all while running out of shoppers and money. Now it enters bankruptcy, distraught and turbulent. Just a decade ago, Bed Bath & Beyond seemed unstoppable, called a category killer for dominating in home goods. SELYUKH: He was right - the store closed within weeks. SELYUKH: Daniel Callahan from Louisville, Ky., popped in a few months ago and found it eerie.ĬALLAHAN: I remember when - like the Circuit City closing and the Sears closing, and this kind of had the same feeling to it. NPR's Alina Selyukh reports on its downfall.ĪLINA SELYUKH, BYLINE: If you've been to Bed Bath & Beyond lately, you've seen the signs - a sparse selection of brands you don't recognize, a cul-de-sac of home decor sitting empty except for some tired-looking mirrors on sale.ĭANIEL CALLAHAN: I'll be honest, I was taken a bit of back because, like, there are sections that were just missing. The home goods giant has outfitted many college dorms and homes with its floor-to-ceiling displays of pillows, curtains and kitchen gadgets. ![]() Bed Bath & Beyond is officially going out of business. ![]()
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