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Article: Bed Bath's next step: thinking inside the box.(top story)
- Article from:
- HFN The Weekly Newspaper for the Home Furnishing Network
- Article date:
- July 9, 2007
- Author:
CopyrightCOPYRIGHT 2007 MacFadden Communications Group LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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UNION, N.J. -- Bed Bath & Beyond, in the wake of its first downward same-store sales revision, enters the next step of its lifecycle: maturation and a slowdown of store growth. This year, the retailer celebrates its 15th anniversary as a public company.
The chain, which has been defined by bottom-and top-line growth, must determine how to continue ringing up record sales and earnings without the aid of aggressive store expansion. The answer: Invest in the existing box.
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"One of the ways of growing is to simply get more productivity out of existing stores," Ronald Curwin, senior vice president of ...