{"id":59113,"date":"2025-12-03T00:22:05","date_gmt":"2025-12-03T00:22:05","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/59113\/"},"modified":"2025-12-03T00:22:05","modified_gmt":"2025-12-03T00:22:05","slug":"major-home-goods-retailer-merges-with-former-rival-will-shutter-over-40-stores","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/59113\/","title":{"rendered":"Major home goods retailer merges with former rival, will shutter over 40 stores"},"content":{"rendered":"

When Bed Bath and Beyond filed for bankruptcy in April 2023<\/a> 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.<\/a><\/p>\n

And now the company has announced a merger with The Brand House Collective Inc. (formerly Kirkland\u2019s) in a deal worth approximately $26.8 million. <\/p>\n

\u201cThis acquisition is a big step in building a profitable, growth-oriented Everything Home company,\u201d Marcus Lemonis, executive chairman of Bed Bath & Beyond, noted in a press release detailing the merger, which is expected to take place in early 2026.<\/p>\n

The move comes just months after Bed Bath & Beyond <\/a>acquired the intellectual rights to Kirkland\u2019s Home. As part of that deal, Bed Bath & Beyond announced it would turn all Kirkland\u2019s Home locations into Bed Bath & Beyond stores. <\/p>\n

According to the release, the merger is expected to unlock at least $20 million in cost eliminations and more than 40 underperforming stores have been identified for closure.<\/a> <\/p>\n

It is unclear which stores will be closed, but the press release noted that the closures will take place in early 2026. <\/p>\n","protected":false},"excerpt":{"rendered":"When Bed Bath and Beyond filed for bankruptcy in April 2023 and shuttered its brick-and-mortar presence, shoppers thought…\n","protected":false},"author":2,"featured_media":59114,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[9,24,63,134,136,135],"class_list":{"0":"post-59113","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-staten-island","8":"tag-new-york","9":"tag-new-york-city","10":"tag-nyc","11":"tag-staten-island","12":"tag-staten-island-headlines","13":"tag-staten-island-news"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/59113","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=59113"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/59113\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/59114"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=59113"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=59113"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=59113"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}