Will Digital Initiatives Drive Revenues For Bed, Bath & Beyond?

Bed Bath & Beyond reported a 25% increase in comparable sales from customer facing digital channels in Q3 2015, while comparable store sales declined in the low single digit percentage range. While overall sales in Q3 2015 were 0.3% higher compared to the same quarter in the previous year, it appears that the company is attracting more customers to its digital channels compared to its stores. As the company continues to make investments in technology and remains focused on providing a seamless c...