Bed
Bath & Beyond is headquartered in New Jersey, United States which is a
dream store for every woman living in United States or in any foreign country.
Being founded in 1971, Bed Bath & Beyond started to captivate the market
with its excellent quality and beautiful designs in almost everything a
household requires. It is the dream for every woman to decorate the interior of
their houses as perfect as they can.
Despite
of not posting good results and going through a bad patch since the start of
2014, the company has managed to get back on track as its stocks has increased
by 25 percent starting July. Since July, the housing recovery has gained steam
which has helped the company to benefit as much as it can. According to Forbes,
“the company’s margins remain a concern; its revenues have grown steadily amid
an uncertain retail environment. Its strong market position in the home goodsindustry has helped Bed Bath & Beyond take advantage of the rising home
sales.”
Moreover,
the selling of new homes as well as existing homes have also noticed a
significant improvement which has further increased the demand of refurnishing
of home related and décor items in recent times. Furthermore, rising consumer
confidence and falling unemployment rates have encouraged buyers to open up
their wallets.
BedBath & Beyond is performing well in the market because of many reasons. The
new and existing homes sales have significantly improved and increased in the
past months. Also the mortgage rates have been low which further resulted in an
increase in the home sales which later had to be refurnished benefitting Bed
Bath & Beyond. Decrease in unemployment rate is also one of the major
causes. Better job scenario is letting money spend more money on luxury and it
is allowing them to spend higher. Hence, the market of the company has grown
through its 1000 mainline stores.
Hence
in a nutshell, the company is the sole dominator which has again proved to be
one of the best out there despite of going through a bad patch for a short span
of time.
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