Bed Bath & Beyond Results Presentation Deck
TRANSFORMATION UPDATE
Key Strategic Initiatives
commercial
operational
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
✓ Launch 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
Q1'21 Snapshot
Expanded same-day delivery
services via DoorDash
✓ Mobile app enhancements
Launched 3 Owned Brands
on-track✔ Penetration approx. 2x FY20
✓ Initiated 26 BBB remodels
✓Closed 16 BBB stores (160
cumulative)
V
Continued positive comp
sales growth
Digital penetration of 55%
at BABY
✓ On track for NE RDC
✓ Began IT testing and data
migration
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