Bath byond12/3/2023 ![]() Now that the company has rebranded, those vendors are willing to expand their offerings, which helps Overstock provide a wider range of desirable merchandise, said Johnson. Certain vendors that Overstock previously worked with didn't allow them access to their entire product category because they didn't want that merchandise associated with Overstock. The rebranding also helps Overstock with business relationships, Johnson said. On April 23, 2023, Bed Bath & Beyond filed for Chapter 11 bankruptcy protection, and soon announced that they would be shuttering all of their physical. (BBBYQ) stock quote, history, news and other vital information to help you with your stock trading and investing. So it's a name that people like, they're proud of, that they want to be associated with." "We're self aware enough to know that nobody, not even my children, would put 'registered at ' on their wedding announcement, baby announcements, but they will put 'registered at Bed Bath & Beyond' on both those announcements. "Rebranding to a name that is synonymous with home, rather than pushing, slogging forward with a name that was mistakenly confused with liquidation, something we haven't done in two decades, will help us cut through some of the difficulty of the current economy," said Johnson. Johnson attributed the slowdowns in part to overall softness in the home goods category and the economy as a whole, but he pointed to Overstock's name as a factor, too. ![]() In the quarter ended June 30, Overstock reported a 20% drop in sales compared to the year-ago period, a nearly 30% drop in active customers and slowdowns in orders delivered, average order values and the number of orders per active customer. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit Bed Bath & Beyond The Best Deals Online: Furniture, Bedding, Rugs, Kitchen Essentials & More Limited Time App Exclusive Coupon: 25 OFF Your Purchase Get App Limited-Time Deals Select Area Rugs by Safavieh Select Bedding Select Bath Select Furniture Select Home Decor Select Lighting Things We Know You'll Love Sale Starts at 10.
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