Current:Home > FinanceBuybuy Baby is back: Retailer to reopen 11 stores after Bed, Bath & Beyond bankruptcy -Mastery Money Tools
Buybuy Baby is back: Retailer to reopen 11 stores after Bed, Bath & Beyond bankruptcy
View
Date:2025-04-16 09:06:35
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! (82)
Related
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- How to get relief from unexpectedly high medical bills
- Zak Williams reflects on dad Robin Williams: 'He was a big kid at heart'
- Should postgame handshake be banned in kids' sports? No, it should be celebrated.
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- Winners and losers of the 2024 Olympics: Big upsets, failures and joyful moments
- From Paris to Los Angeles: How the city is preparing for the 2028 Olympics
- A'ja Wilson had NSFW answer to describe Kahleah Copper's performance in gold medal game
- Rylee Arnold Shares a Long
- 'Catfish' host Nev Schulman breaks neck in bike accident: 'I'm lucky to be here'
Ranking
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- Marijuana and ecstasy found inside Buc-ee's plush toys during traffic stop in Texas
- King Charles III applauds people who stood against racism during recent unrest in the UK
- State House Speaker Scott Saiki loses Democratic primary to Kim Coco Iwamoto
- Skins Game to make return to Thanksgiving week with a modern look
- EXCLUSIVE: Ex-deputy who killed Sonya Massey had history of complaints involving women
- Cowboys owner Jerry Jones to holdout CeeDee Lamb: 'You're missed'
- Diamond Shruumz recall: FDA reports new hospitalizations, finds illegal substances
Recommendation
Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
Miley Cyrus cries making history as youngest Disney Legend, credits 'Hannah Montana'
Emma Hayes, USWNT send a forceful message with Olympic gold: 'We're just at the beginning'
Social Security's 2025 COLA will be announced in less than 2 months. Expect bad news
Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
RHONJ's Teresa Giudice Defends Husband Luis Ruelas Wishing Suffering on Margaret Josephs' Son
Jordan Chiles Stripped of Bronze Medal in 2024 Olympics Floor Exercise
Olympics 2024: Tom Cruise Ends Closing Ceremony With Truly Impossible Stunt