Episode 60: Bed, Bath &…Bankrupted

For 52 years, Bed, Bath & Beyond was the destination for high-quality home goods merchandise, top brands, and a discovery zone for home shopping that made it inspiring and fun. By January 2014, the company had operated more than 1500 stores in North America and had reached a share price of $70 dollars. Despite all the success, the company would soon become a victim of mismanagement, burdened with debt and unwanted inventory, unaware that its own fate would soon be put on layaway.  Tune in to Episode 60 of The Great Fail to hear the story. Special thanks to Seth Basham for his contributions to this segment. Sources: Bed Bath & Beyond Used to Be Great. These Two Are Why. Inside Overstock’s grand plan to reinvent itself as Bed Bath & Beyond All Buy Buy Baby stores losing after last-ditch deal falls through The $11.8 billion mistake that led to Bed Bath & Beyond’s demise 3 key mistakes that doomed Bed Bath & Beyond The rise and fall of Bed Bath & Beyond, the iconic housewares retailer that has filed for bankruptcy and is closing its remaining stores After 52 Years, Why Bed Bath & Beyond Went Bankrupt What Went Wrong at Bed Bath & Beyond  The Hidden Reason Behind Bed Bath & Beyond's Demise Bed Bath & Beyond and bankrupt? Bed Bath & the great Beyond: How the home goods giant went bankrupt Why is Bed Bath & Beyond failing? Reasons behind bankruptcy protection explored  Hosted on Acast. See acast.com/privacy for more information.

Om Podcasten

The Great Fail is a true crime inspired, business podcast that examines the greatest success stories of the most prominent and prolific companies, brands, and people and what led to their demise. If you love true crime and stories of massive failures, you've come to the right place! Here we take a forensic look at stories that will irk you, shock you, and have you picking your jaw up off the floor, all while learning the oftentimes avoidable, mistakes that have ended the lives of companies and left boardrooms looking like crime scenes. Hosted on Acast. See acast.com/privacy for more information.