The Bed Bath & Beyond Obituary: Reflections From Two Men Who Feel Like the Store Shaped them As Young Adults. What Box Stores Will Die Next? Over 2000 CEO's Say their Business future is in trouble??? episode artwork

EPISODE · Mar 9, 2023 · 40 MIN

The Bed Bath & Beyond Obituary: Reflections From Two Men Who Feel Like the Store Shaped them As Young Adults. What Box Stores Will Die Next? Over 2000 CEO's Say their Business future is in trouble???

from The Best Paragraph I've Read... · host Zac & Don

The Best Paragraph I've Read: "Underpinning Bed Bath & Beyond's success was an innovative way of doing business. In addition to deliberate clutter, stores were designed with a "racetrack" floor plan that looped around the store so customers would walk by all the merchandise. Instead of grouping shopping baskets at the entrance, they placed them throughout the store. Messrs. Eisenberg and Feinstein ordered goods and set prices, but gave store managers the autonomy to reorder whatever they wanted, which allowed them to stock their stores according to local tastes. the company operated on a shoestring budget. It used cardboard boxes as waste baskets. Post-it Notes were considered too expensive. Both men still use scrap paper." This paragraph comes from the Wall Street Journal.  The article is titled: "The Bed Bath & Beyond Founders Let Go." The article is written by Suzanne Kapner. You can read the full article here: https://www.wsj.com/articles/bed-bath-beyond-bankruptcy-stock-founders-11674778627 Zac and Don talk about the slow death of Bed Bath and Beyond.  They talk about what made the stores unique and reflect upon their shopping experiences as young adults.  They also wonder which box stores are next to go out of business. The follow article is also referenced in the podcast: Nearly 2,000 CEOs Think Their Companies Won't Be Able To Make Money In 10 Years Survey Says https://www.cnbc.com/2023/02/04/pwc-ceo-survey-their-firms-will-struggle-to-make-money-in-10-years.html

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The Bed Bath & Beyond Obituary: Reflections From Two Men Who Feel Like the Store Shaped them As Young Adults. What Box Stores Will Die Next? Over 2000 CEO's Say their Business future is in trouble???

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