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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$7.21 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 |
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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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.
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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.
Actually, this is just a scam to make people want to buy more there.
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