Connect with us

CBS News

Bed Bath & Beyond brand gets an in-store renaissance

Avatar

Published

on


Bed Bath & Beyond will get a brick-and-mortar renaissance of sorts after going out of business last year. 

Midvale, Utah-based Beyond Inc., formerly Overstock.com, which bought the big-box retailer out of bankruptcy, will re-introduce Bed Bath & Beyond branded products at its more than 100 physical Container Store locations. 

The initiative is part of a $40 million effort to revive the struggling Container Store, a former Bed Bath & Beyond competitor, as it contends with depressed sales. 

The companies said they “have entered into a strategic partnership with the objective to improve customer experience utilizing both the Iconic Bed Bath and Beyond Brand and The Container Store,” in a press release.

Both believe that Bed Bath & Beyond brand will help return The Container Store to profitability, the release added. 

The company will create “appropriately sized spaces” in The Container Store locations in which to showcase co-branded Bed Bath & Beyond kitchen, bath and bathroom products. 

“We see tremendous whitespace for The Container Store’s best-in-class, solution-based offerings across the entire Beyond portfolio, particularly within its high-margin Custom Spaces offering through the proprietary Elfa and Preston lines,” said Marcus Lemonis, executive Chairman of Beyond, Inc., in a statement. 

Lemonis hopes that leveraging the Bed Bath & Beyond brand will help drive foot traffic to The Container Store. 

“Partnerships like this further support the value of iconic brands leveraging each other’s assets and core competencies while improving customer conversion and retention, enhancing margins, and optimizing marketing expenses which are the principal drivers in delivering value creation and profitable growth,” he added. 

The Bed Bath & Beyond brand has existed exclusively online since it was acquired. This will mark the first time since filing for bankruptcy that the brand will have an in-store presence. 



Read the original article

Leave your vote

Continue Reading

CBS News

RFK Jr. ignores questions from reporters as he visits Capitol Hill

Avatar

Published

on


RFK Jr. ignores questions from reporters as he visits Capitol Hill – CBS News


Watch CBS News



Robert F. Kennedy Jr. resumed meetings with lawmakers on Capitol Hill before his potential confirmation proceedings to become the head of the Health and Human Services Department. Semafor’s Kadia Goba joins CBS News with more headlines.

Be the first to know

Get browser notifications for breaking news, live events, and exclusive reporting.




Read the original article

Leave your vote

Continue Reading

CBS News

Jury finds Nima Momeni guilty in killing of Cash App founder Bob Lee

Avatar

Published

on


Jury finds Nima Momeni guilty in killing of Cash App founder Bob Lee – CBS News


Watch CBS News



A jury found Nima Momeni guilty of second-degree murder in the trial related to the death of Cash App founder Bob Lee. CBS News San Francisco has the latest confirmed information.

Be the first to know

Get browser notifications for breaking news, live events, and exclusive reporting.




Read the original article

Leave your vote

Continue Reading

CBS News

Trump’s mass deportation plans face challenges

Avatar

Published

on


Trump’s mass deportation plans face challenges – CBS News


Watch CBS News



President-elect Donald Trump hopes to move quickly on mass deportation plans he promised during his 2024 presidential campaign. CBS News’ Camilo Montoya-Galvez breaks down the challenges ahead for his proposed changes.

Be the first to know

Get browser notifications for breaking news, live events, and exclusive reporting.




Read the original article

Leave your vote

Continue Reading

Copyright © 2024 Breaking MN

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.