Bed Bath & Beyond's Major Merger & Store Revival
Update: 2025-12-04
Description
Bed Bath and Beyond is making a comeback with a major merger with Kirklands, valued at $26.8 million. This deal will transform many Kirklands stores into Bed Bath and Beyond locations, aiming to become a profitable Everything Home retailer. The merger is expected to save over $20 million in duplicated costs and lead to more efficient customer engagement. Bed Bath and Beyond has already seen double-digit sales growth in reopened stores and plans to open 300 new stores over the next two years. However, 40 underperforming Kirklands stores will close in early 2026. The merger is set to finalize in the first quarter of 2026, allowing the company to reinvest in growth initiatives.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
