Current:Home > reviewsBuybuy Baby is back: Retailer to reopen 11 stores after Bed, Bath & Beyond bankruptcy -ValueCore
Buybuy Baby is back: Retailer to reopen 11 stores after Bed, Bath & Beyond bankruptcy
View
Date:2025-04-14 14:53:18
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! (57312)
Related
- A South Texas lawmaker’s 15
- Black market marijuana tied to Chinese criminal networks infiltrates Maine
- NCAA sanctions Michigan with probation and recruiting penalties for football violations
- Mike Tyson is giving up marijuana while training for Jake Paul bout. Here's why.
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- Idaho’s ban on youth gender-affirming care has families desperately scrambling for solutions
- 'Error 321': Chicago QR code mural links to 'Tortured Poets' and Taylor Swift
- NCAA sanctions Michigan with probation and recruiting penalties for football violations
- 2025 'Doomsday Clock': This is how close we are to self
- How one Chicago teacher is working to help Black kids break into baseball
Ranking
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- Low Wages and Health Risks Are Crippling the U.S. Wildland Firefighting Forces
- How Kansas women’s disappearance on a drive to pick up kids led to 4 arrests in Oklahoma
- Crop-rich California region may fall under state monitoring to preserve groundwater flow
- What do we know about the mysterious drones reported flying over New Jersey?
- Indiana sheriff’s deputy dies after coming into contact with power lines at car crash scene
- Imprisoned drug-diluting pharmacist to be moved to halfway house soon, victims’ lawyer says
- Fed’s Powell: Elevated inflation will likely delay rate cuts this year
Recommendation
Meta donates $1 million to Trump’s inauguration fund
Former Arkansas officer pleads guilty to civil rights violation in violent arrest caught on video
Ariana Grande’s Grandma Marjorie “Nonna” Grande Just Broke This Record
Fed’s Powell: Elevated inflation will likely delay rate cuts this year
John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Coast to Coast
Fed’s Powell: Elevated inflation will likely delay rate cuts this year
Draft report says Missouri’s House speaker stymied ethics investigation into his spending