New Jersey
Bed Bath & Beyond returns to New Jersey stores
The basics:
- Bed Bath & Beyond returning through new store format with The Container Store
- 5 New Jersey locations set for redesign
- Stores will combine home goods, organization products
- Acquisition of The Container Store expected to close in July
Three years after filing for Chapter 11 bankruptcy and closing its 360-plus stores, Bed Bath & Beyond is making a retail comeback in New Jersey.
After the formerly Union-based chain’s new parent company announced plans to acquire The Container Store, it is developing a new format that will blend the two banners together.
Starting this month, The Container Store’s 98 locations nationwide will be redesigned to prepare for an integration of Bed Bath & Beyond merchandise.
Known as The Container Store + Bed Bath & Beyond, the format will focus on home goods, organization products and in-home services.
Within New Jersey, the model is coming to:
- Bound Brook – 335 Chimney Rock Road
- Cherry Hill – 2000 Route 38
- Livingston – 372 W. Mount Pleasant Ave.
- Paramus – 370 Route 17 N.
- Princeton – 3506 Brunswick Ave.
Ahead of the overhaul, The Container Store liquidated about 30% of existing inventory in a bid to “streamline assortments, improve space productivity and create room for new products expected to arrive in phases later this year.”
Making room
The Container Store Senior Vice President of Stores Jen Pape described the changes as “a reset with purpose.”
“We are actively reshaping our stores to make room for what’s next. By streamlining select categories today, we’re creating the space and flexibility needed to introduce Bed Bath & Beyond products and deliver a more complete home experience for our customers,” she said.
The move follows Bed Bath & Beyond’s announcement in April that it will acquire The Container Store for about $150 million in stock and convertible notes. The transaction is scheduled to close in July.
The Container Store filed for bankruptcy in December 2024 amid increasing competition from big box retailers and a rough housing market that reduced demand for home goods. The chain emerged from Chapter 11 with its store fleet largely intact.
Bed Bath & Beyond reborn
After winning Bed Bath & Beyond’s IP auction in June 2023 for $21.5 million, Overstock.com relaunched it two months later with a refreshed website and mobile app where shoppers can purchase home décor, furniture, bedding and kitchenware. Overstock.com renamed itself Beyond Inc. before rebranding as Bed Bath & Beyond.
Retail strategy
Find out why the new owner of Harmon, another former Bed Bath & Beyond brand, closed its Bridgewater store here.
The Dallas-headquartered company’s portfolio also includes Overstock.com and Kirkland’s. Last year, it purchased Bed Bath & Beyond’s former baby-focused banner Buybuy Baby for $5 million, too.
The purchase followed Somerset-based baby care brand Dream on Me’s attempt to revive Buybuy Baby. In addition to spending $15.5 million to acquire the chain’s trademark, domain, mobile platform and business data, Dream on Me shelled out $1.17 million to take over 11 brick-and-mortar locations on the East Coast.
Less than a year later, Buybuy Baby closed its fleet of stores in October 2024 and became a “digital-first brand.”