In 1971, a retail store called Bed 'n Bath opened its doors in Springfield, New Jersey, marking the beginning of what would later become Bed Bath & Beyond. Founders Warren Eisenberg and Leonard Feinstein recognized a changing trend in the market, moving away from discount stores towards specialty retailers. Leaving behind their management roles at a struggling discount store, they took a leap of faith to establish Bed 'n Bath. Within a span of 14 years, the company had expanded to 17 locations across New York and California. The first superstore under the Bed 'n Bath banner was launched in 1985, and two years later, the company rebranded as Bed Bath & Beyond. However, financial challenges led to a bankruptcy filing in early 2023, resulting in the closure of all physical stores. Subsequently, Overstock purchased Bed Bath & Beyond later that year, prompting a shift to an online-only model. Presently, the company specializes in offering a diverse range of products, including exercise equipment, home décor, bedding for adults and children, kitchen and bathroom essentials, as well as furniture and home improvement items.