Bed Bath & Beyond Completes $10M Kirkland's Home Acquisition
Bed Bath & Beyond Completes $10M Kirkland's Home Acquisition

Bed Bath & Beyond Completes $10M Kirkland's Home Acquisition

News summary

Bed Bath & Beyond, Inc. has completed a $10 million acquisition of the Kirkland’s Home trade name and related brand assets from The Brand House Collective, further expanding its retail portfolio which includes Overstock and BuyBuy Baby. This acquisition supports the ongoing conversion of Kirkland’s Home stores into Bed Bath & Beyond Home locations, with the first conversion completed in Nashville, Tennessee. The company plans to extend the Kirkland’s Home brand into the wholesale market, creating a new recurring revenue stream with branded seasonal home décor and furnishings. Bed Bath & Beyond will continue to receive collaboration fees from Kirkland’s Home revenue, now broadened to include wholesale channels. Executive Chairman Marcus Lemonis expressed confidence in the growth strategy and the leadership team driving the brand expansion. This move underscores Bed Bath & Beyond’s commitment to grow its omni-channel presence and enhance national footprint and operating efficiencies.

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