Type | Subsidiary |
---|---|
Industry | Retail |
Genre | Baby needs |
Founded | 1996 |
Founders | Richard Feinstein Jeffrey Feinstein |
Headquarters | U.S. |
Number of locations | 11 (November 2023) |
Area served | United States |
Products | Baby products |
Services | registry and photography plus online ordering |
Parent | Bed Bath & Beyond Inc. (2007–2023) Dream On Me (2023-present) |
Website | www |
Buy Buy Baby (stylized buybuy BABY) is an American big-box retail chain selling clothing, strollers, and other items for use with infants and young children. At its peak, it operated 137 stores across the United States. [1] It was a subsidiary of Bed Bath & Beyond Inc., headquartered in Union, New Jersey, and closed all remaining stores following Bed Bath & Beyond's bankruptcy in 2023. However, Dream On Me bought 11 store leases via bankruptcy auction and has announced an intention to reopen stores by November 2023. The store is now distanced from Bed Bath & Beyond.
Buy Buy Baby was founded in 1996 by Richard and Jeffrey Feinstein, sons of Bed Bath & Beyond co-founder Leonard Feinstein. [2] [3] [4] The first location opened in Rockville, Maryland, in May 1996. [5] [ failed verification ] The chain consisted of eight stores when it was acquired by Bed Bath & Beyond in 2007 for $67 million. [2] [3] [4] Its primary competitor was Babies "R" Us, prior to that chain's closure in 2018. [6] [7]
As its parent experienced financial distress in the early 2020s, Buy Buy Baby was initially largely unaffected. However, in January 2023, the company announced the closure of five Buy Buy Baby locations, alongside the liquidation of sister chain Harmon Face Values. [8] The following month, Bed Bath & Beyond announced the company's withdrawal from Canada; all eleven Buy Buy Baby stores in Canada were closed by that April. [9]
On April 23, 2023, Bed Bath & Beyond officially filed for Chapter 11 bankruptcy protection in the United States, and announced that it would be winding down its operations. [10] [11] [12] All remaining Buy Buy Baby stores began liquidation sales on April 27, with the last stores closing on July 30, 2023. [13] [14] [15]
Efforts to sell the chain continued until July, with no adequate bids submitted. In June 2023, a $15.5 million sale of the chain's name and intellectual property to New Jersey-based Dream On Me was confirmed. [16] Dream on Me also bought the leases to 11 Buy Buy Baby stores, which it plans to reopen, followed by up to 120 stores within three years. [17] Buy Buy Baby's website is also expected to reopen. [18]
On October 25, 2023, Buy Buy Baby announced they would be reopening eleven previously shuttered locations. All eleven locations opened by November 18. The Buy Buy Baby website is slated to be open by the end of the month. Over 100+ more stores are set to open over the next three years. [19]
Toys "R" Us is an American toy, clothing, and baby product retailer owned by Tru Kids and various others. The company was founded in 1957; its first store was built in April 1948, with its headquarters located in Parsippany-Troy Hills, New Jersey, in the New York metropolitan area.
Bed Bath & Beyond, now currently legally known as 20230930-DK-Butterfly-1, Inc., was an American big-box retail chain specializing in housewares, furniture, and specialty items. Headquartered in Union, New Jersey, the chain operated stores in the United States and Canada, and was once counted among the Fortune 500 and the Forbes Global 2000. The chain filed for Chapter 11 bankruptcy in April 2023 and liquidated all of its remaining stores, with the last closing on July 30, 2023. Following the retail chain's liquidation, its name was adopted by online retailer Overstock.com, which acquired the company's trademarks in a bankruptcy auction. The name is also still used by the chain's former Mexican division, which is now independent.
Payless ShoeSource Worldwide, LLC, is an international discount footwear chain. Established in 1956 by cousins Louis and Shaol Pozez, Payless was a privately held company owned by Blum Capital, and Golden Gate Capital. In 1961, it became a public company as the Volume Shoe Corporation, which merged with The May Department Stores Company in 1979. In the 1980s, Payless was widely known in the U.S. for its Pro Wings line of discount sneakers, which often had Velcro straps instead of laces. In 1996, Payless became an independent publicly held company. In 2004, Payless announced it would exit the Parade chain and would close 100 Payless Shoe outlets. On August 17, 2007, the company acquired the Stride Rite Corporation and changed its name to Collective Brands, Inc. The company had a total revenue for 2011 of US$3.4 billion. The company also has a stunt premium banner, Palessi Shoes. Payless is currently owned by a group of investors led by Alden Global Capital and Axar Capital Management.
The Fashion Center is a shopping center located in Paramus, New Jersey. It opened in 1967 as a traditional indoor shopping mall. The mall slowly underwent a "de-malling" process over a period of several years prior to 2009, which resulted in the former interior portion of the mall gradually taken over by other stores and eventually sealed off, with each store inside the center having its own outside entrances. There is one vacant anchor, a former Lord & Taylor. Junior anchor stores are Denny's Children Wear, Best Buy, TJ Maxx, and Buy Buy Baby. Vacant junior anchors are Jenny Jon, Cost Plus World Market, and Bed Bath & Beyond.
Central Park is a shopping complex in Fredericksburg, Virginia, with 166 businesses. The complex is located near the intersection of Interstate 95 and State Route 3. Many national big-box stores, restaurants, and smaller local businesses occupy the Central Park complex. The complex has 2,200,000 square feet (200,000 m2) of leased retail space. The complex's developer, the Silver Companies, describes Central Park as "The East Coast's Largest Power Retail Center". In the 2004 rankings from the American Studies Department at Eastern Connecticut State University, Central Park was ranked as the largest unenclosed mall on the East Coast, and as the seventh largest mall in the United States.
Earth Fare is an American health and wellness supermarket with 20 locations in 8 states throughout the Southeast United States. It sells natural and organic food that the company claimed to have the highest product standards in the United States, and was one of the largest natural and organic food retailers in the country. After closing all stores in February 2020, three locations reopened in June 2020 and a total of 20 locations operate as of March 2021.
Ritz Camera & Image is a photographic retail and photofinishing specialty store, headquartered in Edison, New Jersey. The company owns and used to operate a chain throughout the United States under the names Wolf Camera, Inkley’s and Ritz Camera. In 2012, Ritz Camera was acquired by C&A Marketing.
Christmas Tree Shops was an American chain of big-box specialty retail stores, headquartered in Middleborough, Massachusetts. At its peak, the chain operated 72 stores in 20 U.S. states, primarily in the Northeast. The company filed for bankruptcy in 2023 and closed all of its stores by August 12, 2023, officialy ending its 53-year legacy.
The Liberty Tree Mall is a shopping mall in Danvers, Massachusetts, U.S., managed by the Simon Property Group. It is anchored by Kohl's, Total Wine & More, AMC Theatres, Marshalls, Old Navy, Sky Zone, and Best Buy, along with Aldi
WestGate Mall is a shopping mall in Spartanburg, South Carolina, off Interstate 26 and US Highway 29 on West Blackstock Road in the city's primary shopping market. The regional mall has 954,302 square feet (88,657.6 m2) of retail space and four anchor stores: Belk, Costco, Dillard's, and JCPenney.
Deerbrook Mall is a shopping mall in Deerfield, Illinois. Located on 47.45 acres, its anchor stores are The Dump Furniture Outlet, Office Depot, Hobby Lobby, Jewel Osco, and Bed Bath & Beyond. Former anchors include Best Buy, Bally Total Fitness, Old Country Buffet, Blockbuster Video, GameStop, OfficeMax, Sports Authority, TJ Maxx, Venture, Wonder, The Great Indoors, and Art Van Furniture. The mall is located on Waukegan Road, north of the Edens Spur and south of Lake Cook Road. The mall is a low priority for its developer, as its website has not been updated since 2018, as seen in the website's property map.
Rego Center is a shopping mall bordered by the Long Island Expressway, Junction Boulevard, Queens Boulevard, 63rd Drive, and 99th Street in the Rego Park neighborhood of Queens in New York City.
Whitehall Mall is a shopping mall located in Whitehall, Pennsylvania. It is anchored by Kohl's. Whitehall Mall was one of the Lehigh Valley's first malls and is located across from the Lehigh Valley Mall.
Coconut Point is a shopping center located in Estero, Florida.
Crystal Mall is an enclosed, two-level regional mall in Waterford, Connecticut. It is situated in a central retail area off the Hartford Turnpike, across from a smaller, open-air shopping center, Waterford Commons. The mall covers a gross leaseable area of 782,786 sq ft (72,723 m2), making it Connecticut's ninth largest mall, boasting 110 shops. Its primary trade area includes a trade population of 296,161 people, mostly serving the nearby towns of Waterford, Stonington, Norwich, Groton and New London. The mall features JCPenney.
One Kings Lane is an American luxury home decor business that operates a furniture and home accessories sales website. It was founded by Alison Pincus and Susan Feldman in March 2009. The company was valued at $912 million in 2014. The company has 10 million members and has raised venture capital from Mousse Partners, Kleiner Perkins, and Greylock Partners.
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