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Bed Bath & Beyond Inc. is changing its corporate name to Neighborhood Intelligence and will begin trading on the Nasdaq under the ticker symbol NXH, effective Aug. 17. As a result, the company's last day trading on the New York Stock Exchange will be Aug. 14.
The company is also relocating its headquarters from Murray, Utah, to Nashville, Tennessee, according to a Tuesday announcement.
The changes underscore the company's three-pillared turnaround strategy, focused on omnichannel retail and commerce; digital, financial, insurance and blockchain services; and beyond home, which includes an AI-powered home operating system.
The corporate name change and headquarters relocation mark the latest moves from the company to establish the next era of Bed Bath & Beyond.

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3 months ago

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