We remember two years ago when a few local Bed Bath & Beyond stores closed and we even heard rumors of a major downturn there. It seemed the tough economy was taking its toll. But no longer: They just reported that their first quarter net income jumped 58% from last year's:
We read this in Home Furnishings News, where their net income in this year's first quarter was reported at $137.6 million.
Are you shopping at BBB more than in the last couple of years? Do you think their offerings are items that folks were able to put on the back burner for a while? What do you see as driving this surge in the houseware giant's income? Let's hear what you think in the comments below.
(Image: Besen Retail)