
categories. With minimal customer switching costs and intense competition, we've already seen Circuit City, Linens ' N Things , and Borders meet their demise the past few years, while names like Best Buy BBY, Barnes & Noble BKS, Office
term competitive pressures. We believe that Bed Bath & Beyond disproportionately benefited from the bankruptcy of Linens ' n Things and other now-defunct rivals, which provided an initial sales boost. However, with increased competition from
Shopping centers returned negative 1% as the industry struggles to fill empty space in areas decimated by the housing crisis and left vacant by national retailers that went bankrupt like Circuit City Stores Inc. and Linens ' N ' Things . Ray
extra (53rd) week. We think that, after a margin lift following the 2008 downturn (due in part to the exit of Linens ' n Things ) 2011 may represent a year of peak operating margins for Bed Bath & Beyond. Still, despite our expectations for
and been liquidated. That's reduced a lot of supply, and it's happened across a lot of different categories, Linens ' N Things and Home Goods. So the stronger competitors now have a more open field. The better business managers have reduced
easily as they did in the past. While we certainly believe Bed Bath & Beyond will benefit from the bankruptcy of Linens ' n Things and other defunct rivals, increased competition from mass channel rivals may subdue returns on invested capital
Although the firm is posting improved same-store sales results, much of this is related to the loss of competitor Linens ' n Things in the autumn of 2008. Furthermore, profitability should continue to improve, as long as management remains focused
increased 7.3% in the quarter, driven largely by easy comparables in the year-ago period, when then-competitor Linens ' n Things was holding its liquidation sale. Bed Bath's revenues also improved due to the opening of several new stores
changing. Bed Bath & Beyond's main competitor, Linens ' n Things , actually shuttered all their doors. They went bankrupt ..... anyone else couldn't come in and get business that Linens ' n Things formerly had. But the notion is that in these troubled
because of store closings related to five major tenant bankruptcies, including Mervyns, Circuit City, and Linens ' N Things . We believe that at least one of these tenants paid rent into the first quarter, so the full-year impact of their