shopping

Bed Bath & Beyond’s Comparable Sales Grow as Online Shopping Surges

It was a summer of shopping for the home, from the home.

Bed Bath & Beyond Inc.


BBBY 28.84%

posted its first comparable-sales growth since 2016 in the latest quarter, with the company’s digital sales surging 89% as people shopped for home goods online during the coronavirus pandemic.

Comparable in-store sales retreated in the company’s fiscal second quarter compared with last year, dipping by roughly 12%. But customers converged on the Union, N.J.-based retailer’s curbside and in-store pickup options, helping drive the acceleration of its internet sales. Companywide comparable sales grew 6%, Bed Bath & Beyond said.

Shares climbed roughly 26% to $18.91 Thursday morning. Through Wednesday, the stock had been down about 13% year to date.

Companies that sell home goods and home-improvement products went on a tear over the summer as people who were spending more time in their houses during the coronavirus pandemic shopped with a focus

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model

Heat grow support system at Disney, including Tyler Herro with Instagram model alongside

The bubble has grown a bit bulkier for the Miami Heat, even as the NBA’s presence at Disney World has been reduced to two teams.

With the finish line in sight of the quarantine process that began for the Heat with their July 8 arrival to Central Florida, several players have added family members and friends into the mix in advance of Wednesday’s 9 p.m. start of the NBA Finals against the Los Angeles Lakers.

While the Heat have added an additional media-relations staffer and the team’s nutritionist to their official traveling party over the past week, players have been able to spend time with those beyond the team, with additional hotel space made available for visitors.

Tyler Herro, Andre Iguodala, Jae Crowder, Kelly Olynyk, Meyers Leonard and Gabe Vincent are among the players with guests within the NBA’s secured campus, with other players expected to have guests viewing from

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