Marcus Lemonis named Bed Bath & Beyond CEO, details future plans for retailer

Bed Bath & Beyond on Monday named Executive Chairman Marcus Lemonis as its new chief executive.

In a letter to shareholders on Monday, Lemonis, who will continue serving as executive chairman, outlined plans to help the company cut costs and pursue expansion opportunities, including acquisitions. 

CAN BED BATH & BEYOND PULL OFF A COMEBACK?

"I have always felt that home ownership is a bedrock of the American Dream. Whether someone is renting their first apartment, living in student housing...