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  "documentTitle": "Legion Partners | Activist Presentation Deck | 14 slides",
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  "authorName": "Legion Partners",
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  "presentationDate": "2019-04-01 00:00:00",
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  "notes": "The slide outlines a comprehensive turnaround strategy including governance changes and operational levers.",
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      "kind": "callout",
      "text": "Bed Bath's Best Days Are Ahead!",
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      "text": "Address merchandise architecture\nEnhance in-store experience\nImplement direct sourcing model\nImprove and expand private label program\nAssess and remove non-working SG&A\nInvest in store associate training\nOverhaul compensation and incentive structure down to store-level\nAggressively improve inventory turns to reduce working capital\nReview non-core assets",
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      "text": "Replace entire 12-person Board - with directors that have significant retail operating experience\nReplace CEO\nImplement our comprehensive Improvement Plan",
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      "text": "We believe our plan will produce 300 to 400 bps of margin improvement\nIn our view, core elements will drive $5 in annual EPS within several years",
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      "text": "The New Path Forward",
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