Bed Bath & Beyond Results Presentation Deck slide image

Bed Bath & Beyond Results Presentation Deck

Priority #1: Stabilizing Sales and Driving Top-Line Growth A multi-pronged approach including near-term and longer-term strategies to create a noticeably different shopping experience and differentiated value proposition for our customers Near-Term Initiatives: ▪ A rapid refresh of ~160 of highest volume and most profitable Bed Bath & Beyond stores is underway A series of physical improvements to high-traffic areas, including entryways to improve store traffic trends, drive sales and reset the store experience Roll out of new visual merchandising elements Upgrades to associate and customer-facing technology tools Plan to implement performance incentives for store managers based on sales targets over the holiday period ▪ Additional Bed Bath & Beyond marketing and promotional support planned to drive holiday sales in FY19 2H A focus on life-stage marketing and branding to re-engage customers and drive foundational improvements in loyalty and shopping frequency LO 5 Further optimize marketing mix and re-invest savings from direct mail efforts to digital channels, such as video, paid social and display advertising Longer-Term Initiatives: ▪ Investments in customer-facing digital channels and customer convenience to better meet the customer where and how they want to shop and how they want to receive their purchases ▪ A multi-year store renovation plan to upgrade and refresh a vast majority of Bed Bath & Beyond locations BED BATH & BEYOND
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