What Really Killed Bed Bath & Beyond? (It Wasn’t Amazon)
Listen to the original audio · Transcribed with NVIDIA Parakeet · Why times can differ in your player
Bed Math Meon is trying to make a comeback, which is pretty wild when you consider just a few years ago, they went bankrupt and closed every one of their stores. And this wasn't just some small chain, they were one of the biggest names in retail. And then it all fell apart. So what happened? It would be easy to blame Amazon or COVID or the fact that people stopped going into stores and started shopping from their couches.
And yes. All of that did play a part, but these changes alone didn't kill Bed Bath and Beyond. The problem was How they responded to them. And I see. Smaller businesses fall into the same traps all the time.
So let's break down the three major mistakes that took Bed, bath and beyond. From a retail giant to Well Beyond saving.
We already have this episode, so unlocking it is cheap and permanent: the full transcript (13 minutes, 2,301 words), segment and word-level timestamps, and .txt, .srt, .vtt and word-level JSON downloads, as many times as you like, forever.
No account needed, we create one from your checkout email. With credits it is 1 credit; packs start at 5 episodes for $3.49, and monthly plans are cheaper still.