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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Bed Bath and Beyond Inc | NASDAQ:BBBY | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.0751 | 0.0693 | 0.0695 | 0 | 01:00:00 |
UNION, N.J., June 28, 2021 /PRNewswire/ -- Bed Bath & Beyond Inc. (Nasdaq: BBBY) today announced that three new paid benefit programs will be implemented on July 1, including parental leave, short-term disability, and an associate relief fund, building upon the People pillar of Bed Bath & Beyond's recently unveiled Environmental, Social and Governance strategy. The Company also announced that it will close stores on Thanksgiving Day so that Associates can be with friends and family during the important holiday.
"Our purpose is to make it easy to feel at home, and that begins right here with our Associates and making investments that elevate our people-powered culture," said Lynda Markoe, EVP and Chief People and Culture Officer at Bed Bath & Beyond. "We're thrilled to implement these new Company-paid programs to support the well-being of our Associates and their loved ones. As we look ahead to Thanksgiving and a return to a 'new-normal,' we want our Associates to be home, happier and be able to welcome friends and family into their homes."
The three new company-paid programs that to be implemented in July for Associates include:
Bed Bath & Beyond, buybuy BABY and Harmon Face Values stores in Canada will close on October 11 in observance of Thanksgiving in Canada, while stores in the U.S. will close on November 25 for the Thanksgiving holiday.
Customers still wishing to shop on Thanksgiving will be able to through the Company's digital channels and choose ship to home, or get their purchases when stores open the next day through curbside or in-store pickup, or Same Day Delivery. As Thanksgiving approaches, the Company will unveil great deals and inspiring products that will make it even easier for customers to feel at home and welcome family and friends to their Thanksgiving table.
About the Company
Bed Bath & Beyond Inc. and subsidiaries (the "Company") is an omnichannel retailer that makes it easy for our customers to feel at home. The Company sells a wide assortment of merchandise in the Home, Baby, Beauty and Wellness markets. Additionally, the Company is a partner in a joint venture which operates retail stores in Mexico under the name Bed Bath & Beyond.
Bed Bath & Beyond operates websites at bedbathandbeyond.com, bedbathandbeyond.ca, buybuybaby.com, buybuybaby.ca, facevalues.com and decorist.com.
View original content to download multimedia:https://www.prnewswire.com/news-releases/bed-bath--beyond-to-begin-paid-parental-leave-and-other-new-benefits-this-july-and-close-stores-on-thanksgiving-as-part-of-a-commitment-to-its-associates-301321111.html
SOURCE Bed Bath & Beyond Inc.
Copyright 2021 PR Newswire
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