The Company operates retail outlets across all 50 US states, as well as in Puerto Rico and across Canada. Institutional Customers, comprising various institutional and commercial entities, principally companies within the hospitality, foodservice, and healthcare industries, including restaurants, cruise lines, and hospitals.īed Bath and Beyond serves an extensive customer base across North America.Retail Customers, comprising general consumers across multiple customer demographics that purchase products via the Company’s retail channels and.The Company’s customers can be organised broadly into two core categories:
The Company trades a portion of its shares on the NASDAQ and has a current market capitalisation of $6.10 billion.īusiness model of Bed Bath and Beyond Customer Segmentsīed Bath and Beyond serves a broad customer base, selling a wide range of domestic and products and home furnishings. The Company has since established itself as a leading specialist homeware retailer across North America, with operations in the US, Canada, and Mexico.īed Bath and Beyond is ranked 38 th on the Fortune 500 list and is placed 991 st on the Forbes Global 2000 list. The Company, however, faced competition from a number of similar specialty stores – namely Linens `n Things, Pacific Linens, and Luxury Linens – leading the Company to the development and launch of its first superstore, a retail outlet more than ten times larger than its standard stores.īed ‘n Bath also sought to set itself apart from its competitors by offering an exhaustive range of homeware products, ultimately changing its name to bed Bath and Beyond in 1987 to more accurately represent this diversification. Bed 'n Bath expanded quickly during the 1970s and early 1980s, and by 1985 operated a network of 17 stores across New York, New Jersey, Connecticut, and California. Founding storyīed Bath and Beyond traces its roots back to 1971 and the foundation of a specialty linen and bath store Bed ‘n Bath in Springfield, New Jersey by Warren Eisenberg and Leonard Feinstein. Institutional Sales, which solely comprises the operations of the Company’s Linen Holdings subsidiary, a company which sells bath, bed, table linens, other textile products, and amenities to customers in the hospitality, cruise line, food service, healthcare, and other industries.īed Bath and Beyond’s Institutional Sales segment does not meet the quantitative thresholds under US generally accepted accounting principles to be designated as a reportable segment.North American Retail, which comprises the Company’s operation of retail outlets across North America, through which it sells an extensive range of domestic merchandise and home furnishings and.Business segmentsīed Bath and Beyond organises its activities into two operating segments: Bed Bath and Beyond sells a broad selection of homeware and home furnishing products, with a view to providing customers with high-quality merchandise and reasonable prices.
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