Current:Home > reviewsBuybuy Baby is back: Retailer to reopen 11 stores after Bed, Bath & Beyond bankruptcy -Elevate Money Guide
Buybuy Baby is back: Retailer to reopen 11 stores after Bed, Bath & Beyond bankruptcy
View
Date:2025-04-14 07:32:08
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! (77998)
Related
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- Federal judge finds city of Flint in contempt over lead water pipe crisis
- Get a $78 Anthropologie Pullover for $18, 25% off T3 Hair Tools, $800 off Avocado Organic Mattress & More
- Georgia Senate passes bill to loosen health permit rules, as Democrats again push Medicaid
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- Texas teacher donates kidney to save life of toddler she did not know
- Nigeria hit by another mass kidnapping, with more than 300 now believed missing
- A new wave of 'tough-on-crime' laws aim to intimidate criminals. Experts are skeptical.
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- Actor Pierce Brosnan pleads guilty to walking in Yellowstone park thermal area, must pay $1,500
Ranking
- Sonya Massey's father decries possible release of former deputy charged with her death
- Landslide damages multiple homes in posh LA neighborhood, 1 home collapses: See photos
- Kentucky governor ready to campaign against school choice measure if it reaches fall ballot
- Connecticut considering barring legacy admissions at private colleges, in addition to public ones
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- 3 Missouri men charged with federal firearms counts after Super Bowl victory parade shooting
- Mega Millions jackpot closing in on $800 million: What to know about the next lottery drawing
- Regina King reflects on her son's death in emotional interview: 'Grief is a journey'
Recommendation
What do we know about the mysterious drones reported flying over New Jersey?
Arkansas’ elimination of ‘X’ as option for sex on licenses and IDs endorsed by GOP lawmakers
Bill to undo Memphis’ traffic stop reforms after Tyre Nichols death headed to governor’s desk
These Crazy-Good Walmart Flash Deals Are Better Than Any Black Friday Sale, But They End Tomorrow
The company planning a successor to Concorde makes its first supersonic test
Sean Strickland isn't a mental giant, but he is a homophobe. The UFC needs to act
Oregon GOP senators barred from reelection over walkout seek statewide office instead
Climate change will make bananas more expensive. Here's why some experts say they should be already.