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(CNBC)   Bed Bath & Beating a dead horse. Let it go, people, because it's gone   (cnbc.com) divider line
    More: Fail, Inventory, Board of directors, Sales, Retailing, Chief executive officer, Share, Bed Bath & Beyond, Expected value  
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1121 clicks; posted to Business » on 29 Jun 2022 at 9:06 AM (6 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



37 Comments     (+0 »)
View Voting Results: Smartest and Funniest
 
2022-06-29 8:39:25 AM  
I shop there occasionally (usually for small kitchen gadgets that I'm too impatient to wait on Amazon delivery for) and it always has the feel of a place that's a week away from a Going Out Of Business clearance sale.
 
2022-06-29 9:01:07 AM  
But NOW where will I go to overpay for bed and bath products!?!?
 
2022-06-29 9:03:41 AM  
Hedge funds want their payday, and they've been shorting that company into the ground.  I'm surprised it's not dead yet.
 
2022-06-29 9:08:26 AM  
Well, time for me to buy at $.01 a share!

I'm looking forward to Bed, Bath, Bloodbath and Body Works and Beyond!
 
2022-06-29 9:08:41 AM  
It's almost like building a retail operation that trains its customers to only consider your store as an option if they've happened to receive a 20 percent off coupon in the mail doesn't actually build long-term loyalty or interest.
 
2022-06-29 9:15:39 AM  
I hope "W" has secured alternative employment.

/obscure?
 
2022-06-29 9:31:17 AM  
Bed, Bath, and Beyond repair.
 
2022-06-29 9:31:44 AM  

SpectroBoy: But NOW where will I go to overpay for bed and bath products!?!?


Hey, they have an "As Seen on TV" section that is 100% the "Beyond" portion.

Of course who the hell watches TV anymore or at the very least doesn't DVR everything and skip the commercials?   They could be slapping that label on stuff that's never been presented in any format on Television and no one would be the wiser.
 
2022-06-29 9:32:45 AM  
I absolutely hate their store layout.  You basically have to do a full lap of the entire store just to get to a particular section, and lord help you if you need to backtrack to a previous section.
 
2022-06-29 9:32:49 AM  

Marcus Aurelius: Hedge funds want their payday, and they've been shorting that company into the ground.  I'm surprised it's not dead yet.


Shorting a stock has no bearing whatsoever on the underlying business (except for financial companies in some extreme circumstances due to how capital adequacy is calculated).  It's like claiming that betting on the score of a football game somehow impacts the result.
 
2022-06-29 9:37:10 AM  

SpectroBoy: But NOW where will I go to overpay for bed and bath products!?!?


Somebody hasn't been getting their 20% off coupons in the mail.
 
2022-06-29 9:44:43 AM  

OptionC: Marcus Aurelius: Hedge funds want their payday, and they've been shorting that company into the ground.  I'm surprised it's not dead yet.

Shorting a stock has no bearing whatsoever on the underlying business (except for financial companies in some extreme circumstances due to how capital adequacy is calculated).  It's like claiming that betting on the score of a football game somehow impacts the result.


Well it can if you do it right.
Fark user imageView Full Size
 
2022-06-29 9:56:10 AM  
The problem if BB&B goes away is that it will be one less place to physically go to to buy something when you need it right away. That wouldn't be so bad if it wasn't for the fact K-Mart, etc., is gone. So the only place left if Walmart and Target but they don't have the same things that BB&B has. So that leaves Amazon...which means you're out of luck if you want to actually look at what you're buying before you buy it.
 
2022-06-29 10:10:26 AM  

MelGoesOnTour: The problem if BB&B goes away is that it will be one less place to physically go to to buy something when you need it right away. That wouldn't be so bad if it wasn't for the fact K-Mart, etc., is gone. So the only place left if Walmart and Target but they don't have the same things that BB&B has. So that leaves Amazon...which means you're out of luck if you want to actually look at what you're buying before you buy it.


If Walmart and Target don't have it, do you really need it?
 
2022-06-29 10:20:26 AM  

HugeMistake: I shop there occasionally (usually for small kitchen gadgets that I'm too impatient to wait on Amazon delivery for) and it always has the feel of a place that's a week away from a Going Out Of Business clearance sale.


About 20 years ago, I bought a washing machine there, during a going out of business sale for that location.  It's the only purchase I've ever made at a BBY.
 
2022-06-29 10:34:56 AM  

MelGoesOnTour: The problem if BB&B goes away is that it will be one less place to physically go to to buy something when you need it right away. That wouldn't be so bad if it wasn't for the fact K-Mart, etc., is gone. So the only place left if Walmart and Target but they don't have the same things that BB&B has. So that leaves Amazon...which means you're out of luck if you want to actually look at what you're buying before you buy it.


I can always count on Spatula City if I need an emergency spatula.
 
2022-06-29 10:38:59 AM  
BBY has a wider selection of kitchen products and gadgets than you'll see in Target/Walmart, but without the Williams/Sonoma markup. So it might be a mild inconvenience if they fold. They might be smarter to fall back to a Microcenter business model. The idea being the market doesn't need a huge kitchen and bath store in every major shopping center any more than it needs a computer selection better than Best Buy. But maybe the market will support one in every metro area that covers the whole spectrum from high end foody gadgets to 16 brands of mixing bowls and canisters that you can look at and touch before buying, and you can buy it that day if you really need it.
 
2022-06-29 10:59:21 AM  

steve_wmn: BBY has a wider selection of kitchen products and gadgets than you'll see in Target/Walmart, but without the Williams/Sonoma markup. So it might be a mild inconvenience if they fold. They might be smarter to fall back to a Microcenter business model. The idea being the market doesn't need a huge kitchen and bath store in every major shopping center any more than it needs a computer selection better than Best Buy. But maybe the market will support one in every metro area that covers the whole spectrum from high end foody gadgets to 16 brands of mixing bowls and canisters that you can look at and touch before buying, and you can buy it that day if you really need it.


Gosh, I wish I had access to Microcenter. Amazon (would you like a counterfeit) and Newegg (would you like some dishes with your computer parts) are kind of ass anymore. Best Buy was a little better but now they are doing that stupid tech (pay me) plan it too is now ass.
 
2022-06-29 11:13:51 AM  
I stumbled into a BB&B a couple months ago.  The overall lack of merch was surprising, and the prices of the stuff that was available was ridiculously high.
 
2022-06-29 12:18:38 PM  
It's the pandemic.  People aren't sleeping or bathing like they used to.
 
2022-06-29 12:35:47 PM  

Pocket Ninja: It's almost like building a retail operation that trains its customers to only consider your store as an option if they've happened to receive a 20 percent off coupon in the mail doesn't actually build long-term loyalty or interest.


I get my coupon via email, thank you very much
 
2022-06-29 12:38:47 PM  

MelGoesOnTour: The problem if BB&B goes away is that it will be one less place to physically go to to buy something when you need it right away. That wouldn't be so bad if it wasn't for the fact K-Mart, etc., is gone. So the only place left if Walmart and Target but they don't have the same things that BB&B has. So that leaves Amazon...which means you're out of luck if you want to actually look at what you're buying before you buy it.


What, exactly, does BB&B have that you can't find at Target or Wal Mart?
 
2022-06-29 1:00:36 PM  

radiovox: MelGoesOnTour: The problem if BB&B goes away is that it will be one less place to physically go to to buy something when you need it right away. That wouldn't be so bad if it wasn't for the fact K-Mart, etc., is gone. So the only place left if Walmart and Target but they don't have the same things that BB&B has. So that leaves Amazon...which means you're out of luck if you want to actually look at what you're buying before you buy it.

What, exactly, does BB&B have that you can't find at Target or Wal Mart?


Refills for my SodaStream, for one thing. Or very good quality kitchen items.
 
2022-06-29 1:25:53 PM  

DoBeDoBeDo: SpectroBoy: But NOW where will I go to overpay for bed and bath products!?!?

Hey, they have an "As Seen on TV" section that is 100% the "Beyond" portion.

Of course who the hell watches TV anymore or at the very least doesn't DVR everything and skip the commercials?   They could be slapping that label on stuff that's never been presented in any format on Television and no one would be the wiser.


They do
 
2022-06-29 1:28:48 PM  

Arkanaut: SpectroBoy: But NOW where will I go to overpay for bed and bath products!?!?

Somebody hasn't been getting their 20% off coupons in the mail.


Or asking the cashier to scan the most current oversized "coupon" that they keep at every register
 
2022-06-29 1:29:43 PM  

pehvbot: OptionC: Marcus Aurelius: Hedge funds want their payday, and they've been shorting that company into the ground.  I'm surprised it's not dead yet.

Shorting a stock has no bearing whatsoever on the underlying business (except for financial companies in some extreme circumstances due to how capital adequacy is calculated).  It's like claiming that betting on the score of a football game somehow impacts the result.

Well it can if you do it right.
[Fark user image image 537x545]


Those are odd football uniforms
 
2022-06-29 1:35:32 PM  

PR Deltoid: I stumbled into a BB&B a couple months ago.  The overall lack of merch was surprising, and the prices of the stuff that was available was ridiculously high.


The problem as I see it is that you can't stumble into that place. You have to show up with their 20% off coupon, for one item only, just to get prices that aren't insane. And you'll probably only buy the one item and tell yourself that you'll come back another day with another coupon to buy the other thing you wanted. Of course you never do. I lived a block away from one for several years and I think I went there once.
 
2022-06-29 1:36:30 PM  

Intrepid00: steve_wmn: BBY has a wider selection of kitchen products and gadgets than you'll see in Target/Walmart, but without the Williams/Sonoma markup. So it might be a mild inconvenience if they fold. They might be smarter to fall back to a Microcenter business model. The idea being the market doesn't need a huge kitchen and bath store in every major shopping center any more than it needs a computer selection better than Best Buy. But maybe the market will support one in every metro area that covers the whole spectrum from high end foody gadgets to 16 brands of mixing bowls and canisters that you can look at and touch before buying, and you can buy it that day if you really need it.

Gosh, I wish I had access to Microcenter. Amazon (would you like a counterfeit) and Newegg (would you like some dishes with your computer parts) are kind of ass anymore. Best Buy was a little better but now they are doing that stupid tech (pay me) plan it too is now ass.


The geek squad plan is optional and if something isn't working you can still return it
 
2022-06-29 1:37:20 PM  

PR Deltoid: I stumbled into a BB&B a couple months ago.  The overall lack of merch was surprising, and the prices of the stuff that was available was ridiculously high.


It's been like that for decades
 
2022-06-29 1:40:16 PM  

radiovox: MelGoesOnTour: The problem if BB&B goes away is that it will be one less place to physically go to to buy something when you need it right away. That wouldn't be so bad if it wasn't for the fact K-Mart, etc., is gone. So the only place left if Walmart and Target but they don't have the same things that BB&B has. So that leaves Amazon...which means you're out of luck if you want to actually look at what you're buying before you buy it.

What, exactly, does BB&B have that you can't find at Target or Wal Mart?


Tech support
Fark user imageView Full Size
 
2022-06-29 2:02:53 PM  

Russ1642: PR Deltoid: I stumbled into a BB&B a couple months ago.  The overall lack of merch was surprising, and the prices of the stuff that was available was ridiculously high.

The problem as I see it is that you can't stumble into that place. You have to show up with their 20% off coupon, for one item only, just to get prices that aren't insane. And you'll probably only buy the one item and tell yourself that you'll come back another day with another coupon to buy the other thing you wanted. Of course you never do. I lived a block away from one for several years and I think I went there once.


In my case, I'm able to bring in as many coupons as I'd like so I can buy multiple items at the same time all with the discount. Not sure if every location allows this but the one in my town does.
 
2022-06-29 2:25:01 PM  

chitownmike: Intrepid00: steve_wmn: BBY has a wider selection of kitchen products and gadgets than you'll see in Target/Walmart, but without the Williams/Sonoma markup. So it might be a mild inconvenience if they fold. They might be smarter to fall back to a Microcenter business model. The idea being the market doesn't need a huge kitchen and bath store in every major shopping center any more than it needs a computer selection better than Best Buy. But maybe the market will support one in every metro area that covers the whole spectrum from high end foody gadgets to 16 brands of mixing bowls and canisters that you can look at and touch before buying, and you can buy it that day if you really need it.

Gosh, I wish I had access to Microcenter. Amazon (would you like a counterfeit) and Newegg (would you like some dishes with your computer parts) are kind of ass anymore. Best Buy was a little better but now they are doing that stupid tech (pay me) plan it too is now ass.

The geek squad plan is optional and if something isn't working you can still return it


It's total tech now and to get good prices you have to pay $300 a year or something. It's not totally bad but it's not good either.
 
2022-06-29 2:29:57 PM  

Pocket Ninja: It's almost like building a retail operation that trains its customers to only consider your store as an option if they've happened to receive a 20 percent off coupon in the mail doesn't actually build long-term loyalty or interest.


Used to be like 40% off coupons, which told me "this place must be really overpriced"
 
2022-06-29 5:47:49 PM  
The store has the same problem as CVS, in that if you want to buy something for the price you would get it for anywhere else then you must have a coupon.
 
2022-06-29 8:39:21 PM  
I bought a top of the line burley bike trailer from BBB a couple months back. I was shocked that a random 20% off coupon from the interwebs worked.  I even got free shipping! I tried to use my REI member sale 20% coupon, but they're smart enough to exclude such items.
 
2022-06-29 10:28:45 PM  

steve_wmn: BBY has a wider selection of kitchen products and gadgets than you'll see in Target/Walmart, but without the Williams/Sonoma markup. But maybe the market will support one in every metro area that covers the whole spectrum from high end foody gadgets to 16 brands of mixing bowls and canisters that you can look at and touch before buying, and you can buy it that day if you really need it.


Except from what I hear, BBY actually ditched a lot of higher-end products, probably a bit shortsighted, and trying to compete with the average kitchen junk from Walmart/Target. Big farkups all around. The last time I was in one was around Christmas and boy, the store wasn't like how I remembered it at all. It still had all the overly tall shelving, but the shelves were either entirely empty or had random crap thrown all over the place (including empty packages from stolen merchandise). There were only like two other people in the store and I didn't see an employee the entire time.
 
2022-06-29 11:07:04 PM  
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/oblig
 
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