
Bed Bath & Beyond Acquires The Brand House Collective
Key highlights
- Merger valued at $26.8 million
- $20 million in cost savings anticipated
- Amy Sullivan to lead new Omni-Channel division
Source: PR Newswire
Notable Quotes
“ This acquisition is a big step in building a profitable, growth oriented Everything Home company. ”
Marcus Lemonis, Executive Chairman at Bed Bath & Beyond
“ Our focus is clear: we will put the customer at the center of every decision. ”
Amy Sullivan, CEO at The Brand House Collective
Why this matters
This merger positions Bed Bath & Beyond to streamline its operations and enhance its market presence, reflecting a strategic move towards a more customer-centric retail model. This development is particularly significant for the retail sector.
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