Harmon Discount
 Logo used from 2007 to 2023 | |
Formerly | Harmon Face Values, Harmon Discount Health & Beauty |
|---|---|
| Private | |
| ISIN | 🆔 |
| Industry | Retail |
| Fate | Liquidation |
| Founded 📆 | 1971 |
| Founder 👔 | |
| Defunct | 2023 (original company) |
| Headquarters 🏙️ | Union, New Jersey, United States |
Area served 🗺️ | |
| Products 📟 | Cosmetics, beauty supplies, skin care, hair care, oral care, personal care, health, travel products, baby products, clothing solutions, household products, food and drink products, cleaning supplies, gifts |
| Owner | Jonah Raskas (2023-present) |
| Members | |
Number of employees | |
| Parent | Bed Bath & Beyond (2002–2023) |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
Harmon Discount (previously Harmon Face Values and Harmon Discount Health & Beauty) is an American in-person and online retailer which specializes in health and beauty products. It was owned by Bed Bath & Beyond from 2002 until its liquidation in 2023 and is now being re-opened under new ownership.
Most of the chain's stores were located in the New York metropolitan area, though a few others were located in Florida, Nevada, and California. Its name was also used as a private label brand on products sold in Bed Bath & Beyond stores across the United States.
History
Bed Bath & Beyond acquired the Harmon chain in March 2002.[1] In April 2007, the chain was rebranded as Harmon Face Values.[2]
On September 29, 2017, Bed Bath & Beyond experimented with a new store format called "Face Values & Beyond", a mix of a Bed Bath & Beyond store and a Harmon Face Values store.[3] However, it closed in 2022.[4]
On January 5, 2023, it was announced that Harmon's parent company, Bed Bath & Beyond, was in financial distress and considering the possibility of bankruptcy within the coming months.[5] Later on January 27, Bed Bath & Beyond announced the liquidation and closure of all 52 Harmon stores. All remaining Harmon stores were closed by February 26, 2023.[6][7] The following April, when Bed Bath & Beyond filed for Chapter 11 bankruptcy, Harmon was listed in the filing, despite shuttering before the bankruptcy occurred.[8][9] Some old Harmon Face Values properties were sold to small private companies.
In 2023, the Harmon company and brand was bought by private investor Jonah Raskas. In 2024, he reopened its North Ridge Shopping Center location in New Rochelle, New York and online retail site under the name Harmon Discount. He planned to reopen at least five of its previously closed stores.[10][11][12]
References
- ↑ "Bed Bath & Beyond Buys Harmon Stores". March 4, 2002. Retrieved 2023-01-24.
- ↑ "Harmon Discount Health and Beauty to be renamed". April 16, 2007. Retrieved 2023-01-24.
- ↑ "Face Values & Beyond opens". October 2, 2017. Retrieved 2023-01-24.
- ↑ "Bed Bath & Beyond spinoff to close". January 13, 2022. Retrieved 2023-01-24.
- ↑ "Bed Bath & Beyond faces potential bankruptcy filing". January 5, 2023. Retrieved 2023-01-24.
- ↑ Sozzi, Brian (January 27, 2023). "Bed Bath & Beyond makes desperate move while teetering toward bankruptcy". Yahoo Finance. Retrieved January 27, 2023.
- ↑ Holman, Jordyn (2023-03-20). "The Chaotic, Dispiriting Work of Liquidating Harmon Stores". The New York Times. ISSN 0362-4331. Retrieved 2023-06-19.
- ↑ Fonrouge, Gabrielle (23 April 2023). "Bed Bath & Beyond files for bankruptcy protection after failed turnaround efforts". CNBC. Retrieved 23 April 2023.
- ↑ "Harmon bankruptcy". BKData. April 23, 2023. Archived from the original on June 27, 2023. Retrieved April 27, 2023. Unknown parameter
|url-status=ignored (help) - ↑ "Some Buy Buy Baby and Harmon stores will reopen after Bed Bath & Beyond bankruptcy". MarketWatch. August 17, 2023. Retrieved August 17, 2023.
- ↑ "Former Bed Bath And Beyond Brand Making A Comeback In NJ". Patch. Oct 25, 2024.
- ↑ "Several Buy Buy Baby and Harmon stores to reopen after buyers scored deals on the bankrupt brands". NBC News. Retrieved 2025-09-10.
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- Retail companies of the United States
- American companies established in 1971
- Retail companies established in 1971
- Beauty stores
- Union Township, Union County, New Jersey
- Companies based in Union County, New Jersey
- Retail companies disestablished in 2023
- 2023 disestablishments in New Jersey
- Companies that filed for Chapter 11 bankruptcy in 2023
- 2023 mergers and acquisitions
