Bed Bath & Beyond Results Presentation Deck
commercial
operational
TRANSFORMATION UPDATE
Key Strategic Initiatives
Digital-First,
Omni-Always
Store Remodel
& Fleet Optimization
Inspirational
merchandising
assortment including
Owned Brands
Accelerate growth of
buybuy BABY & Harmon
Banners
Modernize supply chain
and technology
BED BATH & BEYOND
3-Year Strategic
Plan
✓ Stores as fulfillment hubs
✓ Omni-always platform
✓ Remodel ~450 BBB
stores
✓Close - 200 BBB stores
✓ Launch 10 BBB Owned
Brands
✓ Owned Brand
penetration of 30%
✓ Increase BABY sales to
$1.5B+
✓ Reduce store
replenishment to 10 days
(via RDCs)
✓ New tech roadmap
(merch, ERP & supply
chain)
Fiscal Year 2021
(Year 1) of
Transformation
✓ Invest in key projects for
enhanced capabilities
✓ Approx. 130 to 150
remodels
Approx. 200 BBB closures
(cumulative)
✓ Introduce 8 Owned Brands
Launched 6 Owned Brands
in 1H21
✓ Owned brand penetration
of 20%
✓
✓ Modernize destination
categories & extend value
prop
Age up strategy
Plan and begin
implementation of two
RDCs in NE/West
✓ Initiate new Oracle ERP
rollout
on-track
on-track
on-track
on-track
on-track
on-track
Q3'21 Snapshot
Launched digital Marketplace to expand platform
Announces partnership with Kroger E-commerce
First home retailer on DoorDash Marketplace
✓ +MSD% sales lift in remodels continue (ytd)
✓ 82 remodels to-date & ~170 closed (cumulative)
✓ Launched two Owned Brands, successfully
achieving target of eight Owned Brands in FY21
✓ Penetration of 25% Overall
✓ Developing Owned Brands for buybuy BABY
✓ Double-digit positive comp sales bbBABY
growth & sustaining YTD market share gains
✓ Digital penetration >50% at BABY
Signed LOI for West Coast RDC in Southern
California; on track for construction in 2022
✓ Beginning final round of ERP testing ahead of
1Q22 activation within Finance
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