Bed Bath & Beyond will live on. The brand, that is, not the stores.
The company closed dozens of locations in the last year, a number of them in the tri-state area.The retailer's name, intellectual property and digital assets were purchased by Overstock.com for $21.5 million, according to& Beyond filed for bankruptcy in April.& Beyond's assets, setting the minimum price . Ten Twenty Four, a software company, also bid for the Beyond.com domain and will buy it if Overstock's deal falls through.
A hearing is set for next Tuesday to finalize the purchase. Overstock didn't immediately return CNN's request for comment.& Beyond owns, is being sold off in a separate sales process and is considered the most attractive part of the retailer's assets. Neil Saunders, a retail analyst and managing director at GlobalData Retail, previously told CNN that the buybuyBaby business "is the one part of the operation that will probably attract interest from buyers.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Bed Bath & Beyond, Party City store closings this monthBed Bath & Beyond and some Party City customers are facing deadlines for when stores will be closed for good. All Bed Bath & Beyond stores will be shuttered by the end of June.
Leer más »
Bed Bath and Beyond will live on - well, the brand, anyway- thanks to Overstock.comBed Bath & Beyond will live on. The brand, that is, not the stores.
Leer más »
Bed Bath and Beyond will live on - well, the brand, anyway- thanks to Overstock.comBed Bath & Beyond will live on. The brand, that is, not the stores.
Leer más »
Bed Bath and Beyond will live on - well, the brand, anyway- thanks to Overstock.comBed Bath & Beyond will live on. The brand, that is, not the stores.
Leer más »
Bed Bath & Beyond will live on — well, the brand, anyway | CNN BusinessBed Bath & Beyond’s name, intellectual property and digital assets were purchased by Overstock.com for $21.5 million, according to court documents released Thursday.
Leer más »
Bed Bath & Beyond schedules separate auction for Buy Buy Baby assetsBed Bath & Beyond is holding a separate bankruptcy-run sale process for Buy Buy Baby, considered the crown jewel of its assets.
Leer más »