![]() The company adopted integrated computer-based inventory management systems in 1993 to better compete with Linens ‘n Things, which had utilized computer inventory management since the late 1980s. The following June, the company made its IPO on the NASDAQ stock exchange. Growth and acquisitions īy 1991, Bed Bath & Beyond had opened seven new superstores in New Jersey, California, Virginia, Illinois, Maryland, and Florida. In order to properly represent the size increase in its retail stores, the company changed its name to Bed Bath & Beyond in 1987. Also in 1985, the first superstore was opened, as an attempt to remain competitive with Linens 'n Things, Pacific Linen, and Luxury Linens. By 1985, Eisenberg and Feinstein were operating 18 stores in the New York metropolitan area and California. In 1971, they opened a store in Springfield, New Jersey, called Bed 'n Bath. As the company suffered financial difficulties, and the two believed that the market would shift toward specialty stores, they decided to leave and form their own company. ![]() Warren Eisenberg and Leonard Feinstein worked in management positions at discount store chain Arlan's. The name is also still used by the chain's former Mexican division, which is now independent. įollowing the retail chain's liquidation, its name was adopted by online retailer, which acquired the company's trademarks in a bankruptcy auction. ![]() The chain filed for Chapter 11 bankruptcy in April 2023 and liquidated all of its remaining stores, with the last closing on July 30, 2023. Headquartered in Union, New Jersey, the chain operated stores in the United States and Canada, and was once counted among the Fortune 500 and the Forbes Global 2000. was an American big-box retail chain specializing in housewares, furniture, and specialty items. īed Bath & Beyond in Markham, Ontario, 2018.This location was among the last in Canada, closing in April 2023.īed Bath & Beyond Inc. at the Wayback Machine (archived )įinancials as of February 26, 2022. ![]()
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