Bed, Bath & Beyond to Coupons: “We Hate You, But We Need You”
JCPenney famously abolished coupons. Stein Mart quietly did the same. But Bed, Bath & Beyond is clinging to coupons, even as it curses them. The home-furnishings company, known for its ubiquitous 20% off coupons, reported profits today that fell below analysts’ expectations. The CEO said the decline was “primarily attributed to an increase in coupons, due to an increase in[Read More…]