Bed Bath & Beyond Executive Chairman Marcus Lemonis announced he has accepted the additional role of CEO and outlined a three-pillar strategy to transform the company into an “Everything Home Company” beyond traditional retail.
- Company stabilized core business with 90% improvement in net loss during 3Q 2025
- Pending Kirkland’s acquisition expected to add approximately $350 million in revenue
- Strategy focuses on omnichannel retail, financial services, and home transaction platforms
- Company reported $200 million cash position at end of third quarter 2025
- Lemonis aims to eliminate additional $25 million in expenses through merger synergies
To view the source of this information, ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.