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Updated live from Wikipedia, last check: May 29, 2012 18:42 UTC (40 seconds ago)

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Bed Bath & Beyond Inc.
Type Public (NASDAQBBBY)
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$7.21 Billion (FY 2009)[1]
Operating income US$683 Million (FY 2009)[1]
Net income US$425 Million (FY 2009)[1]
Total assets US$4.27 Billion (FY 2009)[2]
Total equity US$3.00 Billion (FY 2009)[2]
Employees 39,000
Website www.bedbathandbeyond.com
A Bed Bath and Beyond store in Oxnard, California.

Bed Bath & Beyond Inc. (NASDAQBBBY) 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.

Contents

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.

Pop culture

  • 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."

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, since Linens and Things is no longer a competitor.

References

Actually, this is just a scam to make people want to buy more there.

External links








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