Bed Bath & Beyond Inc. has brought on a real estate veteran as it continues to review its brick-and-mortar portfolio.
The home furnishings company appointed Wade E. Haddad as senior VP, real estate and construction, effective Sept. 2. Haddad, who joins with more than 25 years of real estate experience, will lead the company’s recently announced store optimization strategy, part of its comprehensive restructuring plan. In July, Bed Bath & Beyond said it plans to close about 200 stores during the next two years.
Haddad joins Bed, Bath & Beyond from Ascena Retail Group, where he has served as senior VP, real estate & store development since 2016. (Ascena declared bankruptcy in July.)
Source: America Retail
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