Bed Bath & Beyond's new CEO is making it clear he means business, as he ousts six senior execs

Bed Bath & Beyond has seen a three-year decline in same-store sales, while its sales growth has declined for three consecutive quarters.

The company, which also owns buybuy Baby and World Market, has more than 1,500 stores across the U.S., at a time when more consumers are turning to the internet to buy things. Bed Bath & Beyond has to compete withBut some analysts have said that, if anyone can fix Bed Bath & Beyond's challenges, it might just be Tritton.

Having previously served as chief merchandising officer at Target, Tritton has been credited for getting Target back to its "cheap chic" roots and impressive sales gains. In his role, he oversaw Target's private-label business and launched numerous new brands during his tenure, some of which have grown to do more than $1 billion in sales.

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