Bed Bath's Harmon integration going well

Union, NJ — During its first quarter conference call yesterday evening, Bed Bath & Beyond said that its March acquisition of HBA retailer Harmon Stores is moving ahead nicely.

"The integration of Harmon's activities into Bed Bath & Beyond's is proceeding very smoothly," said co-founder Warren Eisenberg. The retailer will also add 88 new stores this fiscal year, growing its store base by about 2.5 million square feet, or 17 percent.

However, Eisenberg pointed out that the retailer still holds a relatively small piece of the approximately $75 billion home goods industry, affording tremendous expansion prospects, and the company has the capital and organization to look at other opportunities. "We're well on our way to make 2002 another 'record year,'" he said.

Home & Textiles Today Staff | News & Commentary

 Home Textiles Today is the market-leading brand covering the home and textiles markets, offering a comprehensive package of print and online products. Home & Textiles Today provides industry news, product trends and introductions, exclusive industry research, consumer data, store operations solutions, trade show news and much more.

Featured Video

  • Live From New York: Fashion Comes Across the Pond

    Camera Icon More Videos

Subscribe to
Home & Textiles Today eDaily
Receive the news you need to know about the trends in the industry delivered right to your inbox.

CURRENT ISSUE

HTT Cover October 2017

See the October 2017 issue of Home & Textiles Today. In this issue, we look at the Top 25 Online Retailers.  H&TT's exclusive annual ranking of the biggest online sellers of home textiles finds that while pure play etailers continue to fly, bricks & clicks are digging into omnichannel. See details!