Apparently All Those Bed Bath & Beyond 20% Off Coupons Aren't Great for Business
LatestIt looks like the only reason you shop at Bed Bath & Beyond in the first place might be disappearing: The company is reportedly in financial trouble because they’ve conditioned their customers to never pay full price for anything.
I hate to laugh at the misery of others, but that rule flies out the window when it’s a Fortune 500 company with business practices that even I would have raised an eyebrow to. Seriously, what the hell did they think would happen?
Business Insider reports that Bed Bath & Beyond disclosed their troubles to investors and cited the fact that customers are so used to items being on sale or using coupons, that they’re happy to wait on a purchase until one of those things becomes available.