Bed Bath & Beyond Followed a Winning Playbook—and Lost

Mark Tritton arrived at bed Bath and Beyond With plans to revive the home goods retailer in 2019 and ward off competition Amazon.Com Inc., target Corp. and other large chains: Sell what no one else has.

Switching to private-label brands has worked for many retailers. At Bed Bath & Beyond—beloved for its 20% off coupon and massive product selection—the changes alienate customers and send the sale off for free.