Current:Home > FinanceBuybuy Baby is back: Retailer to reopen 11 stores after Bed, Bath & Beyond bankruptcy -Blueprint Wealth Network
Buybuy Baby is back: Retailer to reopen 11 stores after Bed, Bath & Beyond bankruptcy
View
Date:2025-04-14 15:21:49
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! (677)
Related
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- Dueling Russia and US resolutions on Israel-Hamas war fail to advance in UN
- Kylie Jenner Reveals Where Her Co-Parenting Relationship With Ex Travis Scott Really Stands
- Genius Bar who? Skip the Apple Store line with new rules that make fixing iPhones easier
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- Apple hikes price of Apple TV+, other subscription services
- Microsoft up, Alphabet down. S&P 500, Nasdaq drop as tech companies report mixed earnings
- U.S. sees spike in antisemitic incidents since beginning of Israel-Hamas war, Anti-Defamation League says
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- Exclusive: Dusty Baker retires after 26 seasons as MLB manager
Ranking
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- Rep. Jamaal Bowman charged with falsely pulling fire alarm in Capitol Hill office building
- I had two very different abortions. There's no one-size policy for reproductive health.
- Prep star Flagg shifts focus to home state Maine after mass shooting, says college decision can wait
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- Texas inmate faces execution for killing prisoner. The victim’s sister asks that his life be spared
- Taliban free Afghan activist arrested 7 months ago after campaigning for girls’ education
- Browns' Deshaun Watson out again; P.J. Walker to start vs. Seahawks
Recommendation
Louvre will undergo expansion and restoration project, Macron says
Former US Rep. Mark Walker drops North Carolina gubernatorial bid to run for Congress
House from hit Netflix show 'Sex Education' now on the market for sale, listed for $1.8M
Police say there’s an active shooter in Lewiston, Maine, and they are investigating multiple scenes
Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
Surprised bear attacks security guard inside kitchen of luxury resort in Aspen
Biden will not appear on the primary ballot in New Hampshire. Here's why.
Michigan investigation began after outside firm brought alleged evidence to NCAA, per report