Bed Bath & Beyond CEO Mark Tritton’s turnaround shows patience is key


Bed Bath & Beyond CEO Mark Tritton

Source: Bed Bath & Beyond

Bed Bath & Beyond has a story to tell.

Unfortunately, though, for some analysts and investors, the retailer is only in the first or second inning of a massive turnaround. Here, patience is going to be key.

Chief Executive Mark Tritton took over the embattled home-goods business, leaving his post as chief merchant officer at Target, in November 2019.

He swiftly cleaned house, bringing in a new suite of executives to sit alongside him. He announced a sweeping store-closure road map to rid the business of unprofitable shops and to allow it to invest more in digital. He also led a number of divestitures, including Christmas Tree Shops…


BlackRock CEO Larry Fink says he’s ‘incredibly bullish’ on stock market

Previous article

Archipelago to explore potential of wave, tidal, floating wind power

Next article

You may also like

Leave a Reply

Notify of

More in Retail