https://www.cnbc.com/2023/11/06/bed-bath-beyond-ceo-quits-amid-overstock-transition.html
Oh, Dear Lord! Oh Dear Lord, Overstock knew not what they were doing. They bought the fallen name, and now they have to reckon with the infernal ranting of the spootie-wonkles! I said, the spootie-wonkles! How did they not know that where the name goes, the spootie-wonkles follow! Oh Dear Lord help them now, Amen!
Gee, "activist investors" (read: hedge funds) pushing out a CEO for a new guy with new ideas. What could possibly go wrong?
I knew I was buying from Overstock k/n/a Bed Bath & Beyond. Like I said we might still be in business if the right technology upgrades had been made. The company who bought out the Buybuy baby name also purchased 11 of their leases, one of which is a few miles from me. They plan on reopening those 11 locations on Nov 18th. Will be interested in seeing how they do. Also the guy who purchased Harmon is talking about opening up 5 locations to start. Wish all of them well.
Of course the transactions were smooth - you were, in effect, buying from Overstock.com.
Also the name is being changed to just Beyond. As a former BBB employee, I have made a few purchases from the new BBB. Have had no issues. Their technology is definitely better than what we had. No shipping issues either. Plus they have an erasable coupon every day for a different percentage. Instead of the stock buybacks BBB did for many years, they should have invested the money into upgrading our equipment and technology and maybe we would still be in business.