By Arriana McLymore and Siddharth Cavale NEW YORK (Reuters) – Struggling home goods retailer Bed Bath & Beyond Inc is taking an axe to stores and jobs and overhauling its merchandising strategy, but its return to profitability anytime soon may hinge on luring U.S. shoppers who currently spend $18.2 billion a year on baby goods. The company’s buybuy Baby unit is the largest specialty baby-product retailer in the U.S., according to GlobalData. But other retailers – including Gap Inc’s Banana Republic and pharmacy retailer Rite Aid – are pushing baby goods, filling the void created by the 2017 ba…