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Bed, Bath and Beyond (BBBY +1.3%) seeks the rights to sell packaged beer, wine, and food after...

  • Wednesday, August 22, 2012, 12:18 PM ET
    Bed, Bath and Beyond (BBBY +1.3%) seeks the rights to sell packaged beer, wine, and food after its acquisition of Cost Plus in May set the table for an expanded product portfolio. The company is also exploring ways to remodel stores and obtain licenses in order to host wine tastings.
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    Purchased the stock during the recent sell off. My decision to purchase was finalized when I went to the store on Sunday to check it out with an investors eye. I must say that there were so many people in there that it was not so easy to move about with a shopping basket.

    Wine is already sold at the World Market stores in Maryland and DC. The transformation of their stores and up beat presentation of their merchandise sounds like they are approaching a new retail concept in an exciting way that will succeed.
    22 Aug 2012, 03:03 PM Reply Like
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