Just in time for the height of the 2023 holiday shopping season, the new owner of baby and maternal products retailer Buy Buy Baby says it will launch the chain’s new ecommerce site and open a handful of stores on Nov. 18.
“Buy Buy Baby is back and is guaranteed to be better than ever,” says a spokesperson for the revived retailer.
The company planned to unveil its ecommerce site offering baby and maternal products in October ahead of the stores, but late in the month, it rescheduled both the online and store openings for simultaneous launch in mid-November. The spokesperson didn’t say why. The stores will be in locations ranging from Maryland to Massachusetts.
Buy Buy Baby had 115 stores nationwide earlier in 2023, but they all closed this summer after parent company Bed Bath & Beyond Inc. filed for bankruptcy in April. Piscataway, New Jersey-based Dream On Me Inc., a manufacturer of cribs and other nursery furniture that had been a vendor to the old Buy Buy Baby, acquired the defunct retailer’s intellectual property out of bankruptcy for $15.5 million in July, the business publication NJBiz reported. In a separate auction, Dream On Me also acquired 11 Buy Buy Baby store leases in the Northeast for $1.17 million. Those locations will be the first of more than 100 planned stores to reopen, according to NJBiz.
What’s next for Buy Buy Baby and its ecommerce site
For the moment, Buy Buy Baby isn’t revealing much about its coming ecommerce site and mobile app.
In a statement, the spokesperson says “shoppers can engage with their favorite brands and receive expert advice to find the right products. Customers can also download the registry app in-store and on buybuybaby.com and scan items directly from their phones to add to the registry.” She adds that Buy Buy Baby will have “a fully ownable registry experience where customers directly add and purchase items off the dedicated app.”
The spokesperson says company executives won’t be giving interviews until about the time of launch. Buy Buy Baby’s new chief executive officer is Pete Daleiden, who came to the company in August from retailer Bealls Inc., where he worked for about a year in senior merchandising positions. Before that, he spent 16 years at Bed Bath & Beyond, mostly as a merchandising executive, according to his LinkedIn profile.
Online retailer Overstock.com Inc. acquired Bed Bath & Beyond’s intellectual property in June for $21.5 million and has taken the Bed Bath & Beyond moniker as its brand name, although the firm’s legal name remains Overstock.
Overstock.com ranks No. 50 in the Top 1000. The database is Digital Commerce 360’s ranking of the largest North American online retailers. Bed Bath & Beyond ranked No. 47 prior to its bankruptcy.
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