[ad_1]
People walk out of a Bed Bath & Beyond store amid the coronavirus (COVID-19) pandemic in New York City, January 27, 2021.
Carlo Allegri | Reuters
Bed Bath & Beyond on Monday announced two key hires for its $ 3 billion e-commerce business.
Its shares rose 2.5% in pre-market trading.
Jill Pavlovich, previously head of exclusive brands and merchandising for online furniture retailer Wayfair, has been appointed senior vice president of digital commerce at Bed Bath.
Jake Griffith, previously general manager of sports and fitness at big box retailer Walmart, has been named vice president of product management.
They are expected to start next week and will report to Rafeh Masood, digital director of Bed Bath.
Under the leadership of CEO Mark Tritton, former head of merchandising at Target, Bed Bath has re-energized its business by investing in building a stronger digital presence, continuing store renovations, launching new brands and selling products. non-essential assets.
Earlier this month, he launched Nestwell, a home line of bedding and essential toiletries. This is the first of at least 10 internal brands the company plans to launch over the next two years.
Shares of Bed Bath are up nearly 65% year-to-date. The company has a market capitalization of $ 3.55 billion.
[ad_2]
Source link