Bed Bath & Beyond Takes High-Risk Approach with New Ecosystem Pivot

Bed Bath & Beyond is pivoting from a traditional retail turnaround to an ambitious ecosystem pivot, according to Wedbush. The company's new three-pillar strategy includes its legacy retail footprint serving as a data-harvesting "front door" to its new services, which include buy-now-pay-later and insurance offerings. The analysts consider this approach high-risk.