Bed Bath & Beyond

Bankrupt Bed Bath & Beyond files $316M mega-claim against MSC

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The bankruptcy estate of former retail giant Bed Bath & Beyond (BBBY) continues its relentless...

https://www.freightwaves.com/news/bankrupt-bed-bath-beyond-files-316m-mega-claim-against-msc

Bankrupt Bed Bath & Beyond targets more ‘price-gouging’ shipping lines

The ghost of bankrupt Bed, Bath & Beyond continues to haunt the container shipping industry, seeking payback for alleged wrongs suffered during the supply chain crisis. 

Bed Bath & Beyond (BBBY) filed for bankruptcy protection on April 23. Its brand name was sold to Overstock in June. The liquidation of the BBBY estate is ongoing, with the bankruptcy administrator seeking to collect as much as it can via legal claims to help pay off creditors.

Court documents confirm that part of this collection...

https://www.freightwaves.com/news/bankrupt-bed-bath-beyond-targets-more-price-gouging-shipping-lines

Bankrupt Bed Bath & Beyond goes after container shipping lines

Bed Bath & Beyond filed for bankruptcy protection on April 23 and is closing all 475 of its stores. COVID-era supply chain disruptions played a key role in the company’s demise. Now, the bankrupt retailer is pursuing tens of millions of dollars in claims against container shipping lines, which it alleges did not perform during the supply chain crisis.

It filed a claim with the Federal Maritime Commission (FMC) on Thursday seeking at least $31.7 million from OOCL, a subsidiary of China’s Cosco.

It’...

https://www.freightwaves.com/news/bankrupt-bed-bath-beyond-goes-after-container-shipping-lines

Dinner and diapers: Uber Eats now delivering for Bed Bath & Beyond

The Uber Eats app is no longer just for getting hot food from local restaurants. Users can now order baby and home products from Bed Bath & Beyond through the app.

More than 120 buybuy Baby and 750 Bed Bath & Beyond stores are participating in the service, allowing customers to order items across the retailer’s product line, including popular items from brands such as Honest, Yumi, Lalo, Little Spoon, as well as everything Bed Bath & Beyond  (NASDAQ: BBBY) offers for the home.

“We’re thrilled to...

https://www.freightwaves.com/news/dinner-and-diapers-uber-eats-now-delivering-for-bed-bath-beyond

The state of same-day delivery

The state of the same-day delivery market for Amazon and others

The United States is undeniably on a same-day delivery binge. The graphs of the U.S.’s e-commerce market size and Amazon’s free-delivery times are near-perfect mirror images of each other, with delivery times plummeting as e-commerce takes off. Estimates put the percentage of retailers offering same-day services anywhere between 50% and 67% as consumers are becoming increasingly impatient — according to a 2020 McKinsey report, about half of them abandoned their online shopping carts because of...

https://www.freightwaves.com/news/the-state-of-same-day-delivery

First in line: Bed Bath & Beyond joins DoorDash Marketplace

In May, Bed Bath & Beyond announced an agreement with DoorDash (NYSE: DASH) to provide same-day delivery. It is now taking the next step to market its goods with the delivery provider – joining DoorDash Marketplace.

Bed Bath & Beyond (NASDAQ: BBBY) said it is the first home goods retailer to make its products available on the marketplace, which allows customers to order items directly through doordash.com or through the DoorDash app. Typically used by restaurants, DoorDash is expanding its...

https://www.freightwaves.com/news/first-in-line-bed-bath-beyond-joins-doordash-marketplace

Promise fulfilled: UPS buys into same-day delivery with Roadie

UPS acquires same-day delivery firm Roadie

UPS is jumping into the same-day delivery game, announcing Friday that it is acquiring Roadie.

Terms were not disclosed. The transaction is expected to close in the fourth quarter of 2021.

“Roadie’s leading technology, combined with UPS’ portfolio, will open doors for new growth opportunities,” UPS said in a statement announcing the acquisition. “Roadie’s technology platform also will provide opportunities to improve existing, and potentially add additional, UPS small package capabilities.”

UPS (NY...

https://www.freightwaves.com/news/promise-fulfilled-ups-buys-into-same-day-delivery-with-roadie

Bed Bath & Beyond’s rethinking of supply chain driving digital gains

Two years ago, Bed Bath & Beyond was behind the times. Prior to the pandemic, the company focused almost exclusively on in-store sales.

“The pandemic taught all of us hard lessons,” COO John Hartmann said during his opening keynote address on Wednesday at the Home Delivery World 2021 conference in Philadelphia. “For Bed Bath & Beyond, that was [we were] behind the curve.”

Executive leadership at the company has turned over, including Hartmann himself, and a new focus on technology, innovation and...

https://www.freightwaves.com/news/bed-bath-beyonds-rethinking-of-supply-chain-driving-digital-gains

Bed Bath & Beyond quickly grows same-day delivery network

Bed Bath & Beyond adds Roadie same-day delivery service

Bed Bath & Beyond is quickly growing its same-day and on-demand delivery networks, adding a critical partner on Wednesday that can help service larger items other delivery partners may not be able to handle.

Roadie, which provides “on the way” last-mile delivery, will provide service for Bed Bath & Beyond (NASDAQ: BBBY) and buybuy BABY locations nationwide, doubling the number of ZIP codes with same-day delivery available for the retailers.

The service begins Thursday. Roadie has 200,000 verified...

https://www.freightwaves.com/news/bed-bath-beyond-quickly-grows-same-day-delivery-network

Bed Bath & Beyond aims to reduce store replenishment time from 35 days to 10

This is an excerpt from Monday’s (4/26) Point of Sale retail supply chain newsletter sponsored by ArcBest.

In a research note penned late last year, UBS analysts called Bed Bath & Beyond’s supply chain “primitive.” It’s a sharp take, but Beyond’s executives understand the company’s got a lot of catching up to do in many areas. Prior to former Target Head of Merchandising Tritton coming aboard as CEO, Bed Bath & Beyond seemed stuck in neutral, losing market share while forgetting to innovate. My...

https://s29755.pcdn.co/news/bed-bath-beyond-aims-to-reduce-store-replenishment-time-from-35-days-to-10

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