All articles tagged with #buybuy baby
Buybuy Baby, the baby-products retailer, has reopened 11 stores after the bankruptcy of its former parent company, Bed Bath & Beyond. The company plans to open over 100 new stores in the next three years and expand internationally, aiming to regain its pre-bankruptcy store footprint.
Bed Bath & Beyond has called off the auction for its Buybuy Baby chain, ending its search for a buyer to rescue the struggling infant-focused retailer. The company had been reviewing bids for weeks but ultimately decided to abandon the sale process.
Bed Bath & Beyond is in talks to sell its Buybuy Baby chain to Go Global Retail, the private equity owner of Janie and Jack, in an effort to keep the baby-focused chain open through a possible sale.
Buybuy Baby, the largest specialty baby-product retailer in the US, is likely to survive as its parent company, Bed Bath & Beyond, goes under. The company is expected to be sold as part of Bed Bath & Beyond's bankruptcy reorganization, with interest already coming from outside suitors. Despite lackluster financial performance, buybuy Baby is the last baby-specific retailer standing after the 2018 failure of Babies R Us and is well-positioned to capitalize on the healthy growth of the baby retail segment.