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Buy Buy Baby

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(Redirected fromBuyBuy Baby)
American retailer
For the episode of Will & Grace, seeBuy, Buy Baby.

Buy Buy Baby
Buy Buy Baby store inSouthfield, Michigan
Company typeSubsidiary
IndustryRetail
GenreBaby needs, toddler clothes
Founded1996; 29 years ago (1996)
FoundersRichard Feinstein
Jeffrey Feinstein
Defunct2024; 1 year ago (2024) (stores only)
FateChapter 11 Bankruptcy AndLiquidation
Headquarters
U.S.
Number of locations
11 (November 2023)
Area served
United StatesCanada
ProductsBaby products
Servicesregistry and photography plus online ordering
ParentBed Bath & Beyond Inc. (2007–2023)
Dream On Me (2023-2025)
Beyond, Inc. (2025-present)
Websitewww.buybuybaby.com

Buy Buy Baby (stylizedbuybuy BABY) is an Americanbig-box retail chain selling clothing, strollers, and other items for use with infants and young children. At its peak, it operated 137 stores across the United States.[1] It was a subsidiary ofBed Bath & Beyond Inc., headquartered inUnion, New Jersey, and closed all remaining stores following Bed Bath & Beyond's bankruptcy in 2023. However, Dream On Me bought 11 store leases via bankruptcy auction and has announced an intention to reopen stores by November 2023. The store is now distanced from Bed Bath & Beyond.

History

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Buy Buy Baby was founded in 1996 by Richard and Jeffrey Feinstein, sons of Bed Bath & Beyond co-founder Leonard Feinstein.[2][3][4] The first location opened inRockville, Maryland, in May 1996.[5][failed verification] The chain consisted of eight stores when it was acquired by Bed Bath & Beyond in 2007 for $67 million.[2][3][4] Its primary competitor wasBabies "R" Us, prior to that chain's closure in 2018.[6][7]

Bankruptcy and liquidation

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As its parent, Bed Bath and Beyond experienced financial distress in the early 2020s, Buy Buy Baby was initially largely unaffected. However, in January 2023, Buy Buy Baby announced the closure of five Buy Buy Baby locations, alongside the liquidation of sister chainHarmon Face Values.[8] The following month, Bed Bath & Beyond announced Buy Buy Baby's withdrawal from Canada; all eleven Buy Buy Baby stores in Canada were closed by that April 2023.[9]

On April 23, 2023, Bed Bath & Beyond officially filed forChapter 11 bankruptcy protection in the United States, and announced that it would be winding down its operations.[10][11][12] All remaining Buy Buy Baby stores began liquidation sales on April 27, 2023 with the last stores closing on July 30, 2023.[13][14][15]

New owners and revival

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Efforts to sell the chain continued until July 2023, with no adequate bids submitted. In June 2023, a $15.5 million sale of the chain's name and intellectual property to New Jersey–based Dream On Me was confirmed.[16] Dream on Me also bought the leases to 11 Buy Buy Baby stores, which it plans to reopen, followed by up to 120 stores within three years.[17][18]

On October 25, 2023, Buy Buy Baby announced that they would be reopening select previously shuttered locations. Eleven locations opened by November 18 2023. The Buy Buy Baby website reopened by the end of that month. Over 100+ more stores were set to open over the next three years.[19]

On October 18, 2024, Buy Buy Baby announced that it would close all 11 locations as it planned to fully focus on its online operations. Stores began liquidation sales on October 18, 2024, with stores shuttering before the end of 2024.[20]

In February 2025, Beyond, Inc. purchased Buy Buy Baby's assets for $5 million, with plans to open new stores in the future.[21]

References

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  1. ^"Bed Bath & Beyond Inc. Reports Fiscal 2022 Third Quarter Results".Bed Bath & Beyond. January 10, 2023. RetrievedMay 2, 2023.
  2. ^ab"Bed Bath & Beyond Inc. Announces the All Cash Acquisition of buybuy BABY".Bed Bath & Beyond. March 22, 2007. RetrievedMarch 15, 2022.
  3. ^abBandell, Brian (September 5, 2018)."Co-founders of BuyBuy Baby pay $21M for new mansion in Palm Beach".South Florida Business Journal. RetrievedJanuary 31, 2023.
  4. ^abEuler, Laura (June 21, 2022)."Buy Buy Baby Founders Wave Bye-Bye to Gatsbyesque Long Island Estate".Dirt. RetrievedJanuary 31, 2023.
  5. ^"'Baby Superstore' suffering growing pains".The Daily Journal. Vineland, New Jersey. May 29, 1996 – viaNewspapers.com.
  6. ^Mannes, Tanya (April 27, 2012)."Will new baby megastore compete with Babies R Us?".The San Diego Union-Tribune. RetrievedMarch 15, 2022.
  7. ^Hirsch, Lauren (June 29, 2018)."Toys R Us stores close Friday, leaving behind nostalgia, anger and a chance of revival".CNBC. RetrievedMarch 15, 2022.
  8. ^Tyko, Kelly (January 31, 2022)."Bed Bath & Beyond closing more stores, all Harmon locations".Axios.
  9. ^"Bed Bath & Beyond to wind down Canada operations".Reuters. February 10, 2023. RetrievedFebruary 11, 2023.
  10. ^Selyukh, Alina (April 23, 2023)."Homeware giant Bed Bath & Beyond has filed for bankruptcy". NPR.
  11. ^Fonrouge, Gabrielle (April 23, 2023)."Bed Bath & Beyond files for bankruptcy protection". CNBC. RetrievedApril 23, 2023.
  12. ^"Bed Bath & Beyond files for bankruptcy protection".CNBC. April 23, 2023. RetrievedApril 23, 2023.
  13. ^Perkins, Maddy (April 26, 2023)."Bed Bath & Beyond is closing permanently — and its closing sale is underway. Here's how to get the best deals right now".MarketWatch. RetrievedApril 30, 2023.
  14. ^Holman, Jordyn; Kelley, Lora; Hirsch, Lauren (April 24, 2023)."Bed Bath & Beyond Shoppers Rush to Use All Those Coupons".The New York Times.ISSN 0362-4331. RetrievedApril 30, 2023.
  15. ^Sangalang, Jennifer (July 25, 2023) [July 17, 2023]."Bed Bath and Beyond, Buy Buy Baby stores in Florida to officially close July 30. See the list".Florida Today. RetrievedJuly 25, 2023.
  16. ^Knauth, Dietrich (July 7, 2023)."Bed Bath & Beyond ends auction for Buy Buy Baby stores".Reuters. RetrievedJuly 9, 2023.
  17. ^Fonrouge, Gabrielle (August 17, 2023)."Several Buy Buy Baby, Harmon stores to reopen after buyers scored deals on the bankrupt brands".CNBC. RetrievedAugust 18, 2023.
  18. ^Bary, Emily (August 17, 2023)."Some Buy Buy Baby and Harmon stores will reopen after Bed Bath & Beyond bankruptcy".MarketWatch. RetrievedAugust 18, 2023.
  19. ^"BuyBuy Baby plots 100 stores; will open 11 on Nov. 18 — here are the locations".Chain Store Age. November 13, 2023. RetrievedNovember 18, 2023.
  20. ^"Buy Buy Baby is Closing All Stores… Again".The MoCo Show. October 18, 2024. RetrievedOctober 19, 2024.
  21. ^Delesline III, Nate (February 3, 2025)."Beyond buys BuyBuy Baby for $5M".Retail Dive. RetrievedFebruary 4, 2025.

External links

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