Bed Bath & Beyond Inc. Appoints Retail and Beauty Expert Mara Sirhal as Senior Vice President and General Manager of Harmon Health and Beauty Stores
UNION, NJ, January 19, 2021 / PRNewswire / – Bed Bath & Beyond Inc. (Nasdaq: BBBY) today appointed Mara Sirhal as Senior Vice President and General Manager of Harmon Health and Beauty Stores, effective immediately. Ms Sirhal will report to Joe hartsig, Executive Vice President and Chief Marketing Officer at Bed Bath & Beyond Inc. and President of Harmon Health and Beauty Stores.
Ms. Sirhal will be responsible for unleashing the potential of Harmon Health and Beauty stores, leading all operational aspects of this value-driven business. This includes retail, online and distribution, as well as the development and implementation of an enhanced customer value proposition to drive strong growth of the retail concept. Harmon Health and Beauty Stores has a long history of providing its customers with leading personal care and beauty brands at a deep everyday value. In line with Bed Bath & Beyond’s corporate strategy, the company plans to deliver an ever more inspiring shopping experience, providing customers of its Harmon Health and Beauty stores with greater ease, convenience and value.
Ms. Sirhal has nearly 20 years of retail, merchandising, store operations, beauty and wellness experience at Macy’s Inc, where she was most recently Vice President and Chief Commercial Officer for Retail as a Service and Retail Diversity Strategy. Previously, she held a number of strategic merchandising roles at the retailer, most notably as Vice President and Divisional Commercial Director for Fragrances, Bath and Body Merchandising in the Beauty division. In this role, she was responsible for purchasing, planning, digital management and inventory, and generated significant growth in product sales and market share. Ms. Sirhal received the Macy’s Merchant of the Year award in 2018.
Joe hartsig said, “Harmon Health and Beauty stores operate in exceptionally strong categories, with the potential to grow their market share in the health and wellness arena, notably through omnichannel growth in digital properties and physical. help us accelerate our ambitious plans to grow this business, serve customers through the magical moments of their lives and further unleash the potential of our business. “
Ms. Sirhal said, “I am delighted to join the company to help accelerate the transformation underway at Harmon Health and Beauty stores. This value driven concept has huge potential to expand into a number of strong and growing categories and I look forward to joining the brand to help deepen its connection with customers with a truly omnipresent shopping experience. always.”
About Bed Bath & Beyond Inc.
Bed Bath & Beyond Inc. and its subsidiaries (the “Company”) is an omnichannel retailer that makes it easy for our customers to feel at home. The company sells a wide assortment of merchandise in the home, baby, beauty and wellness markets. In addition, the Company is a partner in a joint venture that operates retail stores in Mexico under the name of Bed Bath & Beyond.
About Harmon Health and Beauty stores
Harmon Health and Beauty Stores offers an extensive line of beauty, health and wellness products and is a wholly owned subsidiary of Bed Bath & Beyond Inc.
This press release contains forward-looking statements, including, but not limited to, the progress of the Company and anticipated progress towards its long-term goals. Many of these forward-looking statements can be identified by the use of words such as can, will, expect, anticipate, approximate, estimate, assume, continue, model, project, plan, objective and similar words and phrases, although that the absence of these words does not necessarily mean that the statements are not forward-looking. The actual results and future financial condition of the Company may differ materially from those expressed in such forward-looking statements due to many factors. These factors include, but are not limited to: general economic conditions, including the housing market, a challenging overall macroeconomic environment and related changes in the retail environment; the risks associated with the novel coronavirus (COVID-19) and government responses to it, including its impacts on all of the Company’s activities on demand and operations, as well as on the operations of the Company’s suppliers and other business partners, and the effectiveness of the Company’s actions taken in response to those risks; consumer preferences, consumption habits and the adoption of new technologies; demographics and other macroeconomic factors that may affect the level of expenses for the types of commodities sold by the Company; civil unrest and terrorist acts; unusual weather conditions and natural disasters; competition from existing and potential competitors on all channels; price pressures; liquidity; the ability to achieve anticipated cost savings, and not to exceed anticipated costs, associated with organizational changes and investments, including the Company’s strategic restructuring program; the ability to attract and retain qualified employees in all areas of the organization; the cost of labor, goods and other costs and expenses; potential supply chain disruption due to trade restrictions and other factors such as natural disasters, pandemics including COVID-19 pandemic, political instability, labor disruptions, product recalls , financial or operational instability of suppliers or carriers, and other elements; the ability to find suitable locations at acceptable occupancy costs and other terms to support the Company’s plans for new stores; the ability to cost-effectively establish and maintain the appropriate mix of digital and physical presence in the markets it serves; the ability to assess and implement technologies to support the Company’s development of its omnichannel capabilities; the ability to effectively and timely adjust the Company’s plans in the face of the rapidly changing business and economic environment, including in response to the COVID-19 pandemic; uncertainty in financial markets; the volatility of the price of the Company’s common shares and its effect, and the effect of other factors, including the COVID-19 pandemic, on the Company’s capital allocation strategy; the risks associated with the ability to achieve a positive outcome for its business concepts and otherwise achieve its business strategies; the impact of intangible assets and other impairments; disruptions to the Company’s computer systems, including, but not limited to, security breaches of systems protecting consumer and employee information or other types of cybercrime or cybersecurity attacks; reputational risk resulting from challenges to the compliance of the Company or a supplier of third-party products or services with various laws, regulations or standards, including those related to work, health, safety, life private or the environment; the risk of damage to reputation arising from the performance of a supplier of third-party services or goods in the direct-to-door delivery or assembly of products for customers; changes in legal, regulatory and legal requirements, including, without limitation, proposed changes affecting international trade; changes or new tax laws or the interpretation of existing tax laws; new disputes, complaints or evaluations in progress or developments in progress; changes or new accounting standards; fluctuations in foreign currency exchange rates; and other factors summarized in the Company’s reports filed with the United States Securities and Exchange Commission. Except as required by law, the Company does not undertake any obligation to update its forward-looking statements.
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SOURCE Lit Bain & Beyond Inc.