Harmon Discount (previously Harmon Face Value, Harmon Discount Health & Beauty) is a in-person &

online retailer Online shopping is a form of electronic commerce which allows consumers to directly buy goods or services from a seller over the Internet using a web browser or a mobile app. Consumers find a product of interest by visiting the website of the ...

which specializes in health and beauty products. It was owned by

Bed Bath & Beyond Bed Bath & Beyond Inc. is an American chain of domestic merchandise retail stores. The chain operates many stores in the United States, Canada, Mexico, and Puerto Rico. Bed Bath & Beyond was founded in 1971. It is counted among the Fortune 5 ...

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 The New York metropolitan area, also commonly referred to as the Tri-State area, is the largest metropolitan area in the world by urban landmass, at , and one of the most populous urban agglomerations in the world. The vast metropolitan area ...

, though a few others were located in

Florida Florida is a state located in the Southeastern region of the United States. Florida is bordered to the west by the Gulf of Mexico, to the northwest by Alabama, to the north by Georgia, to the east by the Bahamas and Atlantic Ocean, a ...

Nevada Nevada ( ; ) is a state in the Western region of the United States. It is bordered by Oregon to the northwest, Idaho to the northeast, California to the west, Arizona to the southeast, and Utah to the east. Nevada is the 7th-most extensive, ...

, and

California California is a state in the Western United States, located along the Pacific Coast. With nearly 39.2million residents across a total area of approximately , it is the most populous U.S. state and the 3rd largest by area. It is also the ...

. Its name was also used as a

private label A private label, also called a private brand or private-label brand, is a brand owned by a company, offered by that company alongside and competing with brands from other businesses. A private-label brand is almost always offered exclusively by th ...

brand on products sold in Bed Bath & Beyond stores across the United States.

History

Bed Bath & Beyond acquired the Harmon chain in March 2002. In April 2007, the chain was rebranded as Harmon Face Values. 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. However, it closed in 2022. Harmondiscount

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. 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. The following April, when Bed Bath & Beyond filed for

Chapter 11 bankruptcy Chapter 11 of the United States Bankruptcy Code ( Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whet ...

, Harmon was listed in the filing, despite shuttering before the bankruptcy occurred. Harmon was later sold to private investor Jonah Raskas, and he has reopened it
North Ridge Shopping Center location
in New Rochelle, New York and plans to reopen at least five of its previously closed stores, with potential that more stores could reopen later on. Old Harmon Face Values properties are currently still for sale or lease in 2024. Some were sold to small companies that were private. After

Bed bath and Beyond Bed Bath & Beyond Inc. is an American chain of domestic merchandise retail stores. The chain operates many stores in the United States, Canada, Mexico, and Puerto Rico. Bed Bath & Beyond was founded in 1971. It is counted among the Fortune 5 ...

closed the related companies were affected like Harmon.

References

{{Reflist 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