The Container Store to Be Bought Out of Bankruptcy by Bed Bath & Beyond

The Container Store to be bought out of bankruptcy by Bed Bath & Beyond

Check out some of the latest acquisitions and funding deals in North Texas, including a $150 million deal for bankrupt retailer The Container Store.

Bed Bath & Beyond agrees to acquire The Container Store for $150M

Stores will rebrand as “The Container Store / Bed Bath and Beyond” and the Elfa and Closet Works units will anchor a home services division.

Bed Bath & Beyond Buying Container Store for $150 Million

Bed Bath & Beyond is expanding its retail footprint by acquiring The Container Store. The $150 million deal was announced Thursday (April 2), with the retailer (BBBY) saying that the acquisition brings it more than 100 new locations while letting it work with a company that has “a culture and operating discipline that aligns with the standards we are building,” as CEO Marcus Lemonis said in a letter to shareholders. “These locations re…