Walmart’s Latest Move Could Hurt Bed Bath & Beyond [The Motley Fool]
Bed Bath & Beyond Inc. (BBBY)
Last bed bath & beyond inc. earnings: 4/15 04:15 pm
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Source: The Motley Fool
Walmart’s Latest Move Could Hurt Bed Bath & Beyond Bed Bath & Beyond ( NASDAQ:BBBY Amazon NASDAQ:AMZN Walmart NYSE:WMT Bed Bath & Beyond's massive stores, which have an average size of nearly ,000 square feet, were filled with products which could easily be bought from Amazon or Walmart. It generated just $7 in sales per square foot over the past months, which compares poorly to Walmart's sales of $ per square foot. Image source: Walmart. Bed Bath & Beyond believes that installing more "furniture vignettes", which combine curated collections of furniture and home furnishings into themed rooms, could boost its sales. It plans to expand those vignettes from 70 stores to 0 locations this year, and use them to showcase its six new in-house furnishing brands over the next two years. It recently launched the first of those brands, Bee & Willow, which sells a mix of modern farmhouse and cottage furnishings. This sounds like an interesting way to widen its moat against Walmart. Unfortunately
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