Bed Bath & Beyond will live on. The brand, that is, not the stores.
Bed Bath & Beyond will live on. The brand, that is, not the stores. The retailer’s name, intellectual property and digital assets were purchased by Overstock.com for $21.5 million, according to court documents released Thursday. However, the deal won’t keep its stores open, which are currently closing after Bed Bath & Beyond filed for bankruptcy in April. Overstock’s bid was the first and ultimately the most lucrative for Bed Bath & Beyond’s assets, setting the minimum price .
The buybuyBaby chain, which Bed Bath & Beyond owns, is being sold off in a separate sales process and is considered the most attractive part of the retailer’s assets. Neil Saunders, a retail analyst and managing director at GlobalData Retail, previously told CNN that the buybuyBaby business “is the one part of the operation that will probably attract interest from buyers.
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Bed Bath and Beyond will live on - well, the brand, anyway- thanks to Overstock.comBed Bath & Beyond will live on. The brand, that is, not the stores.
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Bed Bath and Beyond will live on - well, the brand, anyway- thanks to Overstock.comBed Bath & Beyond will live on. The brand, that is, not the stores.
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Bed Bath and Beyond will live on - well, the brand, anyway- thanks to Overstock.comBed Bath & Beyond will live on. The brand, that is, not the stores.
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Bed Bath & Beyond schedules separate auction for Buy Buy Baby assetsBed Bath & Beyond is holding a separate bankruptcy-run sale process for Buy Buy Baby, considered the crown jewel of its assets.
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Bed Bath & Beyond, Party City store closings this monthBed Bath & Beyond and some Party City customers are facing deadlines for when stores will be closed for good. All Bed Bath & Beyond stores will be shuttered by the end of June.
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