In March 2019, three activist investment firms-Legion Partners, Marcellum Advisors, and Ancora Advisors-announced their intent to remove current CEO Steven Temares and restructure Bed Bath & BeyondвЂ™s current board of directors. Bed Bath & Beyond first reached $1 billion in annual sales in 1999.

The company went public in June 1992, making its IPO on the NASDAQ stock exchange, where its stock continues to trade under ticker symbol BBBY. Д«y 1991, Bed Bath & Beyond had opened seven new superstores in New Jersey, California, Virginia, Illinois, Maryland, and Florida.Д«y 2011, Bed Bath & Beyond had 1,142 stores. The company adopted integrated computer-based inventory management systems in 1993 to better compete with Linens вЂn Things, which had utilized computer inventory management since the late 1980s. In order to properly represent the size increase in its retail stores, the company changed its name to Bed Bath & Beyond in 1987. Also in 1985, the first superstore was opened, as an attempt to remain competitive with Linens 'n Things, Pacific Linen, and Luxury Linens. By 1985, Eisenberg and Feinstein were operating 17 stores in the New York metropolitan area and California. In 1971, they opened a store in Springfield, New Jersey, called Bed 'n Bath. As the company suffered financial difficulties, and the two believed that the market would shift toward specialty stores, they decided to leave and form their own company. Warren Eisenberg and Leonard Feinstein worked in management positions at discount store chain Arlan's.

Bath and beyond