![]() The analyst also sees an opportunity for retailer Five Below Inc to have an opportunity to gain some key real estate as it grows its unit count and looks for key anchor locations in strip malls.īank of America analyst Curtis Nagle highlighted large retailers like Walmart Inc WMT, Inc AMZN and Target Corp TGT as the companies benefitting from the wind-down of Bed Bath & Beyond. Oppenheimer analyst Brian Nagel pointed to Williams-Sonoma Inc WSM, Lovesac Co LOVE, and Wayfair Inc W as retailers that could benefit from the downfall of Bed Bath & Beyond. Episodes of “Get Organized With The Home Edit,” based on an extreme organization book, saw celebrities have their homes organized by experts using products from The Container Store.īenzinga previously highlighted the retailers that several analysts are picking to benefit from a potential exit of Bed Bath & Beyond. The Container Store benefited from a marketing push in 2020 related to a show on streaming giant Netflix Inc that featured its products. The drop in The Container Store’s share price comes as peer Tupperware Brands Corporation TUP, once an American staple, has seen shares fall over 93% in the last year. “For anyone who has missed their last opportunity to redeem one of these coupons, Big Lots is opening our doors to help you save on your entire purchase.” “At Big Lots, our mission is to help people live big and save lots, which means we’re always thinking of ways to step up and deliver even more value to consumers,” Big Lots CEO Bruce Thorn said. Welcome to the organization,” the company tweeted.īig Lots Inc BIG announced it will honor the 20% off coupons from Bed Bath & Beyond, sharing the news in a press release. “Don’t toss those coupons just yet! We will accept any competitor’s blue coupon for a limited time. The offer is good through May 31 and was part of an announcement of a new collection aimed at college students by the retailer.Ī tweet from The Container Store also highlighted the promotion and responded to people that even expired 20% off coupons would be accepted. The Container Store Group TCS announced it would offer a 20% discount on any single item in its stores for customers who present “a competitor’s blue coupon,” choosing not to name its rival retailer. ![]() While several retailers could gain from the bankruptcy and closing of Bed Bath & Beyond, two retailers are capitalizing on the famous 20% off coupons. The company has locations of Bed Bath & Beyond and BuyBuy Baby stores open during its wind-down process, but will no longer allow customers the ability to use its famous 20% off coupons, according to Retail Dive.īed Bath & Beyond Chief Financial Officer Holly Etlin credited the success of the coupon in court documents recently, saying they were “one of the greatest retail coupons of all time.” Etlin said the coupons helped the company’s “financial success” and a decision to lower the prioritization of the coupons may have led to struggling sales. ![]() What Happened: Bed Bath & Beyond filed for bankruptcy protection in late April as the company has seen its shares fall over 90% in the last year and the company struggled with liquidity. Two retailers are accepting the 20% off coupons in a potential marketing move that could help their own struggling stock prices. ![]() With the retailer filing for bankruptcy and ending the use of the coupon, customers could be searching for new places to shop. ![]() Customers of Bed Bath & Beyond BBBY have been accustomed to using the popular 20% off any single item coupons the retailer has mailed out for years. ![]()
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