Tag Archives: Bed Bath & Beyond

Balta U.S. Names Papa National Accounts Manager

Balta U.S.

DALTON, Ga.–Industry veteran Chris Papa has joined Balta U.S. as national accounts manager. Papa will be based out of his office in Minnesota. With more than 30 years of experience in home fashions, Papa has worked as senior bath buyer for both J.C. Penney and Target and as divisional merchandise manager for the bath forMore »

Sourcing in São Paulo: The Brazilian Buyer Project

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By Allison Zisko Over the course of two days in early May, 51 Brazilian housewares manufacturers descended on a hotel conference room in São Paulo, Brazil, lugging suitcases filled with plastic and glass and metal goods, armed with the optimism of traveling salesmen. They set their sights on 12 international buying companies from seven countries,More »

Bed Bath Q1 Net Down 7.6 Percent on Higher Tech Expenses

Bed Bath & Beyond Net Edges Up 1.8 Percent in Sluggish Q3

UNION, N.J.-Soft sales and the company’s continuing investments in technology initiatives depressed Bed Bath & Beyond’s first-quarter net income by 7.6 percent, to $187.1 million. Net sales in the quarter, which ended on May 31, rose 1.7 percent to $2.7 billion, with a same-store sales pickup of 0.4 percent. In a conference call yesterday toMore »

Bed Bath Posts Weak Q4, FY Results

Bed Bath & Beyond

UNION, N.J.-A poor fourth quarter ended Bed Bath & Beyond’s fiscal year with shortfalls in the bottom line for both periods. Net income in the quarter dropped 10.9 percent to $333.3 million, bringing net income for the fiscal year ending on March 1 to $1 billion, down 1.5 percent from the previous fiscal year. NetMore »

Weather Hurts Bed Bath’s Q4

Bed Bath & Beyond Net Edges Up 1.8 Percent in Sluggish Q3

UNION, N.J.-Bed Bath & Beyond joined the list of major retailers that have reported adverse impacts from the severe weather throughout the nation over the past few months. The specialty retailer said same-store sales for its fourth quarter, which ended on March 1, were up 1.7 percent—below the 2 to 4 percent gain it hadMore »

Castagna Upped to Bed Bath & Beyond COO

Bed Bath & Beyond

UNION, N.J.-Eugene Castagna, Bed Bath & Beyond’s chief financial officer and treasurer, has been promoted to chief operating officer of the home specialty retailer. Castagna has been with Bed Bath & Beyond since 1994, and became chief financial officer and treasurer in 2006 after performing a number of roles in finance and operations throughout hisMore »

Resolutions for 2014

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By Duke Ratliff With holiday shopping (and selling) in the rearview mirror, home furnishings executives can now focus on the year ahead. Here are a few resolutions for the new year that notable individuals and institutions can make to make it a successful 2014. Walmart’s new leaders Doug McMillon and David Cheesewright should resolve toMore »

Bed Bath & Beyond Net Climbs 11.1 Percent in Q2

Bed Bath & Beyond

UNION, N.J.-With sales continuing on the upswing, Bed Bath & Beyond logged an 11.1 percent gain in second-quarter net income, to $249.3 million. Net sales rose 8.9 percent to $2.8 billion in the quarter, which ended on Aug. 31. As Steve Temares, Bed Bath & Beyond’s CEO, explained yesterday in a conference call to analysts,More »