Overstock becomes Bed Bath & Beyond! INTERVIEW with CEO Jonathan Johnson
August 01, 2023 at 02:46 pm EDT
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Bed Bath & Beyond (BBBY) is back, but in a different form. Overstock.com (OSTK) acquired the brand in June for less than $22 million, without the physical stores, and relaunched it. Jonathan Johnson, CEO of the new Bed Bath & Beyond, discusses all the changes customers can expect, and explains how Overstock will gradually be replaced by the Bed Bath & Beyond brand and change ticker.
Beyond, Inc. is an e-commerce company. The Company owns Overstock, Bed Bath & Beyond, Baby & Beyond, Zulily, and other related brands and associated intellectual property. Its suite of online shopping brands feature various products. Bed Bath & Beyond is an online furniture and home furnishings retailer in the United States and Canada. Its e-commerce Website sells a range of home products, including furniture, bedding and bath, patio and outdoor, area rugs, tabletop and cookware, decor, storage and organization, small appliances, home improvement, and more. It offers additional products or services, including Business Advertising Opportunities, Marketplace Services, International Sales Support, and Supplier Oasis Integration. Its Supplier Oasis platform is a singular integration point that enables its partners to manage their products, inventory, and sales channels. It also facilitates international sales for customers outside the United States through third-party logistics providers.