3 Reasons Why Bed Bath & Beyond Is Quickly Becoming a Buy
A little over a year ago, home goods retailer Bed Bath & Beyond (NASDAQ: BBBY) unveiled a five-pronged turnaround plan. These five pillars addressed the core retailing concepts of product, price, promise (its relationship with customers), place, and people. They sounded fine on the surface, but like too many corporate initiatives, the tenets ultimately felt like little more than a collection of buzzwords.
Then, the pandemic took hold, adding to the company's struggle.
Now, one year since the revitalization plan took root, these broad ideas have taken more defined forms that investors can latch onto. Here's a rundown of the biggest and most important actions that put Bed Bath & Beyond on a solid, investment-worthy footing.
Source Fool.com
