The idea is to allow employees to purchase some of the merchandise they sell and become more familiar with it. * Incentive Items - Every month there is a list of merchandise employees can order at usually substantial discounts (Such as $70 pillows for $25 during one month). There is some give and take and as long as you do not ask for insanely specific and unusual shifts, you'll be fine. They let me set my days and hours (Within reason), and I never had a time off request denied as long as you submit it properly (Usually two weeks in advance, if not further). * Very Flexible with Part Time - Most managers are willing to work with you changing availability, as I did while working there during college.
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It's excellent if you are a college student, retired, or otherwise need a second job, but terrible for a full time position. Contact him at Sign up for his weekly newsletter, Real Estate with Richard Mize.Bed Bath & Beyond is a really good place to work, but only if you seek a part time position. Senior Business Writer Richard Mize has covered housing, construction, commercial real estate and related topics for the newspaper and since 1999. The 'want products' are the first to be eliminated to save for the necessities. The retail survivors and thrivers continue to be discount brands and grocers." COVID government aid masked those troubled, and bought time for these struggling, retailers," he said.įurther, Swanson said, "Inflation has condensed consumer spending budgets dramatically. "Retailers like Bed Bath & Beyond, Party City, Tuesday Morning, etc., have been struggling for years trying to keep up with Amazon pricing/convenience while operating in large expensive retail footprints. Swanson said the chain, among others, has long struggled to keep its bricks-and-mortar stores competitive with online shopping. There is significant doubt if it will work without bankruptcy." "The turnaround plan isn’t pretty - cutting 20 percent of the workforce, closing another 150 stores, going back to name brands, borrowing more money. "At the end of the day, Bed, Bath & Beyond lost touch with their customer, and management hasn’t been able to get it back. And, they borrowed too much money," he said. Competition in the home goods sector increased significantly. "They went away from name brands, opting for in-house brands. Parrack said some of Bed Bath & Beyond's wounds are "self-inflicted." More: Want to know where that restaurant went and what's coming? Here's what we know about OKC's dining scene What happened to get Bed Bath & Beyond in such financial trouble? Put bluntly, "At this point, it’s all about sales and survival," said Jim Parrack, senior vice president and retail specialist with Price Edwards & Co. "Corporate BB&B will do and have been doing everything they can to prevent from closing stores, but clearly these first 150 locations nationally have been sinking company profits, and reducing store count is a goal to reduce overhead." "We've heard rumors for months now about BB&B closures, and the weak links are shuttering first. "Profitability," said Sam Swanson, director and vice president of retail for OKC property brokerage NAI Sullivan Group.
Why would the stores in Norman, Moore and two in Tulsa get the axe, but not the ones in Edmond and on NW 63? Why Bed Bath & Beyond stores in OKC and Edmond are safe for now A typical Bed Bath & Beyond employs between 40 and 60 people, said Janet Yowell, executive director of the Edmond Economic Development Authority. The closings will cost Oklahoma from 160 to 240 jobs. The closing stores include Buy Buy Baby and Harmon locations owned by Bed Bath & Beyond. In all, Bed Bath & Beyond has closed, or announced plans to close, 440 of the 949 stores it had open at the start of the last holiday shopping season, as well as its nearly 800,000-square-foot warehouse in suburban Dallas, according to CoStar News. More: Bed Bath & Beyond closing more stores and selling stock to avoid bankruptcy 2848 NW 63, French Market, Oklahoma City.412 S Bryant Ave., Bryant Square Shopping Center, Edmond.7410 S Olympia Ave., Tulsa Hills Shopping Center, Tulsa.620 Ed Noble Parkway, Parkway Plaza, Norman.2150 S Service Road, Shops at Moore, Moore.A manager at the store in Moore referred questions to company headquarters in Union, New Jersey, and no one there returned a request for comment.īut these Bed Bath & Beyond stores in Oklahoma are on the butcher block: When the kitchen axe will fall isn't known publicly. With sales down and costs up, several Oklahoma Bed Bath & Beyond stores' days are numbered. Watch Video: Fed's Powell sees long road ahead on inflation
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