Bed Bath & Beyond Becomes Neighborhood Intelligence, Moves to Nasdaq
Strategic Pivot
Company Background
The company now called Neighborhood Intelligence has worn three corporate names in roughly two years. It was Beyond, Inc. — the entity that emerged from the overstock.com era — until August 2025, when the board changed the name to Bed Bath & Beyond, Inc. and adopted the ticker BBBY, reviving a brand associated with the bankrupt brick-and-mortar chain. One year later the board has changed the name again, this time to Neighborhood Intelligence, Inc., with the company moving to Nasdaq under ticker NXH.
The core consumer business remains a money-losing e-commerce retailer. Full-year 2025 net revenue was $1.0 billion, down 25.1% year-over-year, with a net loss of $85 million, though management noted the trend was improving — the loss was $174 million better than the prior year. Second-quarter 2026 net revenue came in at $361 million, up 28% year-over-year, but the quarter still produced a net loss of $39.5 million and included $21 million in special items consisting primarily of acquisition-related costs, restructuring charges, and non-cash store-closure impairments. The company had an accumulated deficit of $898.6 million as of June 30, 2026.
CEO Marcus Lemonis, who was named to that role effective January 1, 2026 after serving as Executive Chairman, has spent the past twelve months assembling what he describes as a three-pillar platform: Omni-Channel Retail (Bed Bath & Beyond, Overstock, buybuy BABY, Kirkland's), Home Services (flooring, closet systems, renovation, staging), and Home Ownership (real estate brokerage, title, insurance, credit union partnerships). The name Neighborhood Intelligence is intended to describe an intelligence layer — combining data, AI, and blockchain capabilities — that connects those three pillars.
What Was Disclosed
A certificate of amendment filed with the Delaware Secretary of State on August 14, 2026 changed the company's corporate name from Bed Bath & Beyond, Inc. to Neighborhood Intelligence, Inc. Pursuant to Delaware law, no stockholder vote was required to effectuate the change, and the company states it does not affect the rights of stockholders. The Seventh Amended and Restated Bylaws were adopted concurrently to reflect only the name change — no other substantive modifications were made to either the certificate of incorporation or the bylaws.