Bed, Bath & Beyond Inc.
In Brief
The campaign resulted in the appointment of 9 of 12 new directors and a completely new management team. Also, the company sold non-cores assets equal to approximately 75% of the company’s market capitalization. The new management team has embarked on a massive transformation projecting to earn $1bn of EBITDA by 2023.
Activist Materials
- May 02, 2019: Investor Group Responds to Bed Bath & Beyond’s Repeated Misleading Claims
- Apr 26, 2019: Investor Group Issues Detailed Strategic Plan for Bed Bath & Beyond
- Apr 26, 2019: Investor Group Presentation
- Apr 22, 2019: Investor Group Comments on Bed Bath & Beyond Board Changes
- Apr 10, 2019: Investor Group Comments on Bed Bath & Beyond Q4 Earnings
- Apr 09, 2019: Investor Group Calls for Increased Transparency at Bed Bath & Beyond at Q4 Earnings Call
- Mar 26, 2019: Investor Group Nominates Sixteen Highly-Qualified Independent Candidates for Election to Bed Bath & Beyond Board
Activist Press
Why apparel retailers are poised to outperform
Macellum Capital Management CEO, Jonathan Duskin, joins Yahoo Finance to discuss the future of retail as stores continue to reopen and the state of e-commerce.
The Activists Won
“The Activists Won” - Jim Cramer - CNBC VIDEO
Bed Bath & Beyond Surges, Names New CEO.
“ The activists chiefly Macellum & Jon Duskin is a brilliant guy… They got the number 1 CEO you could possibly get.” - Jim Cramer - CNBC VIDEO
Bed Bath & Beyond Inc. Continues Transformation and Announces Appointment…
UNION, N.J., May 29, 2019 /PRNewswire/ -- Bed Bath & Beyond Inc. (Nasdaq: BBBY) today announced that four new independent directors have been appointed to the…
Activists Can Create Huge Value In Bed Bath & Beyond’s Turnaround
Don't believe in the "Retail Apocalypse." Despite the constant stream of negative headlines, brick and mortar retail sales continue to grow at a steady rate,…
Steve Temares Is Out, He’s Out After All the Pressure Put on by the Activists – CNBC
Jim Cramer announces on CNBC that Steve Temares Is Out, He’s Out After All the Pressure Put on by the Activists
Jim Cramer’s Mad Money: Bed Bath & Beyond Should Give the Activists What They Want – CNBC
Jim Cramer: An uprising has already been started at Bed, Bath and Beyond by a group of activists.
‘Better Late Than Bankrupt.’ Bed Bath & Beyond Is a Ripe Target for Activist Investors
Bed Bath & Beyond stock surged a whopping 22% Tuesday after a trio of activist hedge funds urged sweeping changes at the home goods and furnishings retailer.…
Bed Bath & Beyond Soars as Report Says Activists Targeting Its Board
A group of activist funds is preparing to launch a proxy fight to replace Bed Bath & Beyond's (BBBY) - Get Bed Bath & Beyond Inc. Report board, a report said.
Investor Group Nominates Sixteen Highly-Qualified Independent Candidates for Election to Bed Bath & Beyond Board
Legion Partners Holdings, LLC (together with its affiliates, “Legion Partners”), Macellum Advisors GP, LLC (together with its affiliates, “Macellum”), and…