Bed Bath & Beyond to move merchandising offices to NJ HQ
Retail Editor 4 -- Home Textiles Today, September 16, 2011
Union, N.J. - Bed Bath & Beyond, which since its founding, has maintained separate corporate and merchandising offices on either side of New York City, is consolidating both of them at its headquarters here.
The merchandising and buying operations, currently housed in Farmingdale, N.Y. on Long Island, will be transitioned to the operations and financial offices located here. The move will be completed by September 2012.
It is not known how many people will make the move or are currently housed at the N.Y. offices; the company, as is its standard policy, declined to comment on the move.
The twin set-up, most unusual in companies the size of Bed Bath, grew out of the locations of where company founders Warren Eisenberg and Len Feinstein lived. While both were intimately involved in all aspects of the company and continue as co-chairmen, each focused on a specific aspect of the business.
Eisenberg, who lives in N.J., primarily managed the financial and operations side of the company while Feinstein, who lives on Long Island, oversaw merchandising and buying.
Now, for the first time in the company's history, all corporate offices will be housed under one roof.
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