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Major home goods retailer merges with one-time competitor, plans to close over 40 stores soon
The $26.8 million merger aims to cut costs by $20 million and consolidate brands under Beyond Retail Group, closing over 40 stores to boost profitability.
Summary by Michigan Live
3 Articles
3 Articles
Major home goods retailer merges with former rival, will shutter over 40 stores
When Bed Bath and Beyond filed for bankruptcy in April 2023 and shuttered its brick-and-mortar presence, shoppers thought the retailer was gone for good. But the home goods giant, famous for its 20% off coupons and variety of kitchen and bath products, began reopening stores last summer, resurfacing as a strong housewares competitor.
·Richmond County, United States
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Total News Sources3
Leaning Left1Leaning Right0Center2Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 33%
C 67%
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