Bed Bath & Beyond Reports Impressive Online Sales Growth In 3Q FY 2014

Bed Bath & Beyond reported online and mobile sales rose 40 percent in the third quarter of its fiscal 2014. According to the company's January 2015 earnings call, it has increased its online selection by almost 40 percent to 200,000 SKUs. In addition to home furnishings, the retailer's e-commerce store now offers other products, including audio and electronics, pet care, and lawn and garden care. For the quarter, the company said its revenue increased 2.7 percent to more than $2.94 billion.