Current:Home > MyBuybuy Baby is back: Retailer to reopen 11 stores after Bed, Bath & Beyond bankruptcy -WealthRoots Academy
Buybuy Baby is back: Retailer to reopen 11 stores after Bed, Bath & Beyond bankruptcy
View
Date:2025-04-25 19:09:48
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! (18582)
Related
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- How a perfect storm sent church insurance rates skyrocketing
- The Secret Service budget has swelled to more than $3 billion. Here's where the money goes.
- The Daily Money: Kamala Harris and the economy
- All That You Wanted to Know About She’s All That
- Darren Walker’s Ford Foundation legacy reached far beyond its walls
- Reese's Pumpkins for sale in July: 'It's never too early'
- Agreement halts Cowboys owner Jerry Jones’ countersuit trial against woman who says he’s her father
- Don't let hackers fool you with a 'scam
- Netanyahu is in Washington at a fraught time for Israel and the US. What to know about his visit
Ranking
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- Proposal to create a new political mapmaking system in Ohio qualifies for November ballot
- Rays SS Taylor Walls says gesture wasn’t meant as Trump endorsement and he likely won’t do it again
- New York’s Marshes Plagued by Sewage Runoff and Lack of Sediment
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- Schumer and Jeffries endorse Kamala Harris for president
- IOC President Bach says Israeli-Palestinian athletes 'living in peaceful coexistence'
- Montana Supreme Court allows signatures of inactive voters to count on ballot petitions
Recommendation
Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
Bette Midler and Sheryl Lee Ralph dish on aging, their R-rated movie 'Fabulous Four'
George Clooney backs Kamala Harris for president
How employers are taking steps to safeguard workers from extreme heat
Grammy nominee Teddy Swims on love, growth and embracing change
Target's Lewis the Pumpkin Ghoul is back and he brought friends, Bruce and Lewcy
Woman pleads guilty to stealing $300K from Alabama church to buy gifts for TikTok content creators
IOC approves French Alps bid backed by President Macron to host the 2030 Winter Olympics