Bed Bath & Beyond Cuts 880 Store Manager Jobs
About 880 department and assistant store managers positions are being eliminated at Bed Bath & Beyond, the company has stated.
The Union, N.J.-based home retailer said it has accelerated the realignment of its store management structure to support its customer-focused initiatives and omnichannel growth.
"With the evolution in retail, we continue to strengthen our digital infrastructure and invest heavily in areas such as analytics, information technology, pricing, e-commerce, marketing, supply chain, and our contact centers,” said CEO Steven H. Temares. “As we work to continue to satisfy our customers through our omnichannel capabilities, the role of our stores is also evolving, and remains crucial to achieving our mission of being trusted by our customers as the expert for the home…"
The job cuts will occur at approximately half of its U.S. Bed Bath & Beyond stores and about a dozen U.S. buybuy BABY stores.
These actions accelerate a transition in store management roles that began more than a year ago through store hiring practices and attrition. These efforts simplify the store management structure and focuses additional staff in non-management roles. After this transition is complete, the company expects overall staffing levels in-store to remain the same as before this realignment, or in some cases, increase.