Retail News

Bed Bath & Beyond needs to convert shoppers into customers

The Wall Street Journal 01/08/2021

Bed Bath & Beyond reported a two percent increase in same-store sales in the last quarter as online revenues jumped 77 percent year-over-year. The retailer continues to have problems converting shoppers into customers, however, based on data from Placer.ai, which shows that foot traffic improved at a higher rate than sales.

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