Bed Bath & Beyond CEO Jonathan Johnson explains why Overstock.com rebranded as the iconic retailer and how it plans to navigate the current economic climate. Buybuy Baby is shuttering all of its stores roughly a year after new owners tried to revive the brand. The company announced on its website that it is transitioning to an online-only model after recognizing the need for a “a strategic reset.” “With this shift, we’ve come to the difficult decision of closing our physical stores by the end of this year,” the company wrote. “We understand this may be disappointing news, and we want all our customers to know this wasn’t a choice we took lightly.” BUY BUY BABY STORES SHUTTERING AS PART OF BANKRUPTCY DEAL Buybuy Baby began offering closing sales on almost everything in-store following its announcement. Gift cards will be accepted in-store through Oct. 31. Shoppers can still use their gift cards online. Registries will still be available online, the company said. The…
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