Business & Tech
Familiar National Retail Name Makes Comeback With 3 New MA Stores
See where you will be able to go to find this familiar name in home goods that closed its last 10 Bay State spots in 2023.
PEABODY, MA — A national home goods retailer that declared bankruptcy and shuttered its 10 remaining Massachusetts locations in 2023 is making a comeback.
The Container Store has begun what it calls a chainwide "store changing" event that will result in the return of Bed Bath & Beyond branding and products.
Bed Bath & Beyond will return to 98 locations nationwide — including three in Massachusetts in Chestnut Hill, Natick and at the Northshore Mall in Peabody.
Find out what's happening in Peabodyfor free with the latest updates from Patch.
Bed Bath & Beyond will return to 98 locations nationwide — including three in Massachusetts in Chestnut Hill, Natick and at the Northshore Mall in Peabody.
"This is a reset with purpose," said Jen Pape, Senior Vice President of Stores at The Container Store. "We are actively reshaping our stores to make room for what's next.
Find out what's happening in Peabodyfor free with the latest updates from Patch.
"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."
The company said it will liquidate about 30 percent of The Container Store products.
Beginning in May, the identified locations are expected to transition to The Container Store + Bed Bath & Beyond format.
The company said the reimagined stores will "combine The Container Store's organizing solutions, in-home services and expertise with an expanded home assortment and complementary offerings from Bed Bath & Beyond."
The former New Jersey-based Bed Bath & Beyond company announced in 2023 that it would file for Chapter 11 bankruptcy in that state.
The firm said at the time its 360 Bed Bath & Beyond and 120 Buy Buy Baby stores and websites were to remain open and continue serving customers as it "begins its efforts to effectuate the closure of its retail locations."
At the height of its success, Bed Bath & Beyond had nearly two dozen Massachusetts retail locations.
But the firm cited online competition and a weakening economy for sales troubles in 2023 that it said led to a 40 to 50 percent drop in sales during the first quarter of that year.
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