Caroline Jansen

Martin Hoffmann, co-CEO and CFO, will become the sole chief executive, while co-CEO Marc Maurer prepares to exit the brand.

The reorganization and elimination of roles comes as the company embarks on a three-part turnaround strategy.

The announcement comes nearly two months after Beyond acquired the baby retailer, reuniting it with its former owner Bed Bath & Beyond.

Macy’s moves private label focus to the home with latest launch

The category experienced both highs and lows since the pandemic hit. But as sales start to tick up once again, retailers face new challenges.

The company, which entered Target just two years ago, will no longer accept orders on its website after March 24.

The company also plans to close its Technology Development Center in Austin, Texas.

Before leading the brand’s North America region, Kim Dolder held leadership roles at Abercrombie & Fitch, Outdoor Voices, Under Armour and Target.

While the retailer's customer base continues to shrink, CEO Niraj Shah is optimistic that the home goods downturn is nearing its end.

The deal extends an existing partnership between the two companies, as Grab Green in 2019 became a third-party vendor for the sustainable retailer.