Central Realty, LLC

On yesterday's earnings call, $BYON CEO Marcus Lemonis noted that many people ask him: "Is Bed Bath & Beyond going to have stores again?" While Lemonis indicated that there are no immediate plans to open stores, he certainly did not rule it out in the future He also noted that the Company regularly receives inbound calls from groups that want to license the brand internationally - including in Mexico and the UAE However, one country where the Bed Bath & Beyond brand thrives internationally is also a locale where a licensing arrangement is not likely possible: New Zealand Because there already is a Bed Bath & Beyond open operating in New Zealand That would be Bed Bath & Beyond Ltd NZ which operates 57 stores in New Zealand - and has been operating since 1995 Originally named Linen for Less, it re-branded as Bed Bath & Beyond (which was not trademarked in NZ) in part to benefit from the marketing of the unaffiliated U.S. company Bed Bath NZ operates smaller stores and primarily sells sheets, towels and pillows as compared to the U.S. chain's previous Big Box stores and focus on kitchen appliances and housewares And Bed Bath NZ's lower case, green and white color scheme also was a sharp contrast to the bold, blue logo used in the U.S. Like with its new U.S. counterpart, Bed Bath NZ is also starting to see improvement in its financial results It recently reported a ~10% increase in sales and a similar increase in profit for its 2023 fiscal year