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TJX Was Already a Retail Winner. Bed Bath & Beyond’s Bankruptcy Now Plays to Its Strengths.

Por: MarketWatch Business April 29, 2023

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One company’s demise is another’s opportunity. TJX could pick up lots of Bed Bath’s former sales, argues Bernstein analyst Aneesha Sherman, who notes that only a fifth of Bed Bath’s sales was purely online: the rest involve a store visit, even if just for curbside pickup. She believes that “share will remain offline as consumers maintain their existing shopping habits.” Some 80% of Bed Bath stores are within five miles of TJX’s... + full article



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