Bed Bath & Beyond to Acquire Several Home Retail Brands, Including The Container Store

by Kristin Harlow

MURRAY, UTAH — Bed Bath & Beyond Inc. (NYSE: BBBY), owner of Bed Bath & Beyond, Overstock, buybuy BABY and Kirkland’s, has signed a letter of intent to acquire the equity interests and substantially all assets of F9 Brands Inc., which owns and operates Cabinets To Go, Lumber Liquidators, Gracious Home/Thos. Baker and Southwind Building Products. The purchase price is nearly $150 million, and the transaction is expected to close after the company’s annual shareholder meeting in May.

Murray-based Bed Bath & Beyond says this transaction will represent an additional step in building a national, fully integrated home services platform under “Beyond Home Services,” which will include categories such as storage, closets, cabinets, flooring, installation, renovation and distribution.

Kitchen cabinets retailer Cabinets To Go operates more than 100 stores/showrooms nationwide. Lumber Liquidators is a specialty retailer of waterproof and hardwood flooring with more than 200 stores. Southwind Building Products supplies flooring and building materials to a network of 4,400 independent retailers and contractors across the country.

Last week, Bed Bath & Beyond announced plans to acquire The Container Store for approximately $150 million in a deal that aims to combine the two retail brands. The Container Store maintains more than 100 locations representing over 2.2 million square feet of retail space nationwide. The locations will be rebranded as “The Container Store / Bed Bath and Beyond.” With an average footprint of 21,000 square feet, the stores will feature a combination of merchandise across bed, bath, storage and organization, kitchen and entertaining. At the end of 2024, the Dallas-based retailer filed for Chapter 11 bankruptcy protection.

The acquisition comprises The Container Store’s entire business, including its Sweden-based Elfa customizable closet systems and Chicago-based Closet Works subsidiaries. Marcus Lemonis, executive chairman and CEO of Bed Bath & Beyond, says that Elfa and Closet Works will serve as foundational anchors of the company’s “Home Services Pillar.”  

“With the anticipated addition of Lumber Liquidators and Cabinets To Go to Elfa and Closet Works, Beyond Home Services is established with the brands, the capabilities and the team to serve the homeowner from concept to completion,” says Lemonis. “Each brand owns a distinct category — modular storage systems, custom closets, flooring, cabinets and countertops, carpet and hard surface flooring distribution — and together with our installation services and field sales organization, we can take the homeowner through the full lifecycle of a renovation, all under one platform.”

Bed Bath & Beyond filed for Chapter 11 bankruptcy in April 2023 and closed all of its 360 stores. Following the bankruptcy, Overstock.com acquired the company’s intellectual property for $21.5 million, with the parent company subsequently rebranded as Beyond Inc. The initial focus was to rebuild the business as an online marketplace, but Bed Bath & Beyond began exploring a return to physical retail through partnerships and smaller-format stores, according to Fortune.

Bed Bath & Beyond opened its first store post-bankruptcy in Nashville in August 2025. At that time, the company said it would convert additional Kirkland’s locations into small- to midsize-format Bed Bath & Beyond and buybuy BABY stores. It would also “continue to accept the legendary Bed Bath & Beyond coupon, no matter how old.”

Today, Bed Bath & Beyond is working to build an “Everything Home” company through an integrated platform across three pillars — omnichannel retail, home services, and products and services. The company’s stock price opened at $4.77 per share Wednesday, April 8, up from $3.68 per share one year ago, a nearly 30 percent increase.

— Kristin Harlow

You may also like