Bed Bath & Beyond Expands Into Home Services Market - Bed Bath & Beyond (NYSE:BBBY)

Bed Bath & Beyond Expands Into Home Services Market - Bed Bath & Beyond (NYSE:BBBY)

Bed Bath & Beyond expands into higher-margin, project-based home services with the acquisition of F9 Brands. Importance Rank:  1

Bed Bath & Beyond to acquire Cabinets To Go, Lumber Liquidators owner

The retailer intends to purchase most of F9 Brands' assets for about $150 million, which would help it develop a home services and improvement portfolio.

Bed Bath & Beyond’s Container Store acquisition echoes past retail mergers that failed to deliver

When Bed Bath & Beyond announced last week it was buying the Container Store for a pittance, CEO Marcus Lemonis touted the deal as a key component of his plan to create a home-oriented conglomerate that includes retail brands, home services, installable products such as flooring and cabinetry, insurance, and more. “We are building the first Everything Home Company,” he said in a release, explaining that it is “designed to make home ownership and…

Bed Bath & Beyond plans $150m F9 Brands acquisition

Bed Bath & Beyond has signed a LOI to acquire F9 Brands for close to $150m, as it looks to grow its Beyond Home Services platform.The post Bed Bath & Beyond plans $150m F9 Brands acquisition appeared first on Retail Insight Network.

Southwind acquired by Bed, Bath & Beyond

Drew Hash, Southwind Murray, Utah—Bed, Bath & Beyond Inc., has signed a letter of intent to acquire the equity interests and substantially all assets of F9 Brands Inc., which includes Southwind Building Products. The deal is for roughly $150 million, including $37 million in cash and approximately 16 million shares of BBBY common stock at $7 per share, representing a transaction value of $107 million at the current market price. The transaction …

Bed Bath & Beyond Buying Lumber Liquidators' Parent Company

Bed Bath & Beyond Inc. is on a buying binge.  The company, after revealing last week it is acquiring The Container Store’s parent company, announced Wednesday it is planning to buy a suite of home improvement brands.