The Coupon That Killed Bed Bath & Beyond: How 1,500 Stores Vanished
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The Coupon That Killed Bed Bath & Beyond: How 1,500 Stores Vanished
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Cart Theory
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3 просмотра · 1 дн. назад
Everybody had one in a kitchen drawer: the blue 20% off coupon. It helped build Bed Bath & Beyond into a chain of more than 1,500 stores, and then it helped destroy it. Add $11.8 billion in stock buybacks and a turnaround that backfired, and by 2023 every store was closed.
🛒 The average U.S. household spends about $6,200 a year on groceries and around $150 a month on impulse buys. Trim 10% of the groceries and a third of the impulse buys, and that's about $1,200 a year back in your pocket.
My guide "Came For One Thing" shows you how: 58 real hacks + cheat sheets for Walmart, Costco, Target and Aldi:
[https://carttheory.gumroad.com/l/came...]
CHAPTERS
0:00 The Blue Coupon
0:36 Floor to Ceiling
3:04 A Billion Coupons a Year
5:03 $11.8 Billion Out the Door
7:16 The Target Plan That Backfired
9:16 Bankrupt
10:58 The Coupon Comes Back
12:45 How to Beat the Coupon
14:02 Final Thoughts
SOURCES: CNN Business, CBS News, NPR, Knowledge at Wharton, Retail Dive, Company Histories, NBC News, Newsweek, Bed Bath & Beyond Inc., U.S. Bureau of Labor Statistics, Slickdeals
Cart Theory is an independent channel and is not affiliated with, sponsored by or endorsed by Bed Bath & Beyond, Overstock, Target, Amazon or any company mentioned. All trademarks belong to their owners.
#BedBathAndBeyond #Retail #Coupons