Current:Home > StocksBuybuy Baby is back: Retailer to reopen 11 stores after Bed, Bath & Beyond bankruptcy -Prime Capital Blueprint
Buybuy Baby is back: Retailer to reopen 11 stores after Bed, Bath & Beyond bankruptcy
View
Date:2025-04-13 09:31:56
Buybuy Baby will be saying hello again.
The baby retailer shuttered and liquidated 115 locations earlier this year amid the bankruptcy of parent company Bed Bath & Beyond. But under new owners, the once-beleaguered brand now plans a comeback. Buybuy Baby recently announced that it will reopen 11 closed locations this fall across five states in the Northeast.
“The future of buybuy Baby is bright,” CEO Pete Daleiden wrote in a statement last week, promising that the baby store would again be a “trusted fourth-trimester partner.”
Why did Buybuy Baby close in 2023?
The future looked a lot less bright for Buybuy Baby at the beginning of 2023.
The popular baby retailer, founded in 1996 by children of Bed Bath & Beyond founder Leonard Feinstein, boasted 137 baby-centric stores at its peak. But by this summer, all of those stores were closed, wrapped up in the tumultuous collapse of parent company Bed Bath & Beyond.
New Jersey-based Bed Bath & Beyond signaled in January that it was doubtful it would last the year. By April, it had already filed for bankruptcy protections, beginning the long and dismal process of “winding down” its hundreds of stores across the country.
Buybuy Baby, which purported to be the most popular baby retail brand in America as of last year, was folded up alongside its parent. All of the remaining 115 stores were due to be liquidated and shuttered.
Why is Buybuy Baby reopening its online and retail stores?
Paramus-based Dream On Me, a crib and mattress retailer that sold its products at buybuy Baby stores, inked a $1.17 million deal in July to buy out the leases at 11 buybuy Baby locations, according to CNBC at the time.
The company had already shelled out $15.5 million the previous month to snap up the brand’s intellectual property, including its name.
When will the Buybuy Baby stores reopen in 2023?
As part of what the store is calling the “initial phase” of its re-opening, 11 buybuy Baby locations are set to reopen on Nov. 18, say company spokespeople.
In a statement, the store promised “brands customers have come to know and love, such as in gear and furniture categories,” and “a curated assortment of the most beloved and coveted baby and maternal wellness brands.”
When will Buybuy Baby’s website launch?
The website will launch on a similar timeline at buybuybaby.com, alongside a “fully ownable registry experience where customers directly add and purchase items off the dedicated app.”
Will the new Buybuy Baby honor old gift cards, or allow returns of items bought before the sale?
Not according to the company website, which says gift card balances from preexisting digital and physical gift cards expired under previous ownership.
Where are the 11 Buybuy Baby locations that will reopen?
Connecticut
- 1433 New Britain Ave., West Hartford
Delaware
- 501 W. Main St., Christiana
Maryland:
- 1683 Rockville Pike, Rockville
Massachusetts:
- 160 Granite St., Braintree
New Jersey
- 34 E. Ridgewood Ave., Paramus
- 1590 Kings Highway North, Cherry Hill
- 711 Route 28, Bridgewater
- 675 U.S. Route 1S, Suite 1, Iselin
New York
- 1019 Central Park Ave., Scarsdale
- 1261 Niagara Falls Blvd., Amherst
Virginia
- 6398 Springfield Plaza, Virginia
veryGood! (781)
Related
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- Glee's Kevin McHale Reveals Surprising Way He Learned Lea Michele & Cory Monteith Were Dating IRL
- Ja Morant back in Memphis where his return should help the Grizzlies fill seats
- NFL Week 16 picks: Do Rams or Saints win key Thursday night matchup for playoff positioning?
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- Wisconsin leader pivots, says impeachment of state Supreme Court justice over redistricting unlikely
- Paul Giamatti set to receive Icon Award for 'The Holdovers' role at Palm Springs film festival
- 14 people injured, hundreds impacted in New York City apartment fire, officials say
- Rylee Arnold Shares a Long
- College football early signing day winners and losers include Alabama, Nebraska
Ranking
- See you latte: Starbucks plans to cut 30% of its menu
- ‘You are the father!’ Maury Povich declares to Denver Zoo orangutan
- Houston children's hospital offers patients holiday magic beyond the medicine
- She was the face of grief after 4 family members slain. Now she's charged with murder.
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- Top US military officer speaks with Chinese counterpart as US aims to warm relations with Beijing
- Travis Kelce's Chiefs Teammate Rashee Rice Reacts to His Relationship With Taylor Swift
- 'Frosty the Snowman': Where to watch the Christmas special on TV, streaming this year
Recommendation
At site of suspected mass killings, Syrians recall horrors, hope for answers
'The ick' is all over TikTok. It may be ruining your chance at love.
Czech police say people have been killed in a shooting in downtown Prague
A police SUV slammed into a bar in St. Louis. Police response drawing scrutiny
Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
Polish viewers await state TV’s evening newscast for signs of new government’s changes in the media
Jonathan Bennett Reveals Why He Missed the Mean Girls Reunion
Woman stabbed in Chicago laundromat by man she said wore clown mask, police investigating