Tuesday, February 18, 2020

Bed Bath & Beyond in deal to sell one of its businesses

Chain Store Age
Bed Bath & Beyond has begun to shed non-core assets as part of its turnaround efforts.

The struggling home good has entered into definitive agreement to sell its PersonalizationMall.com business to 1-800-Flowers.com for $252 million. Following the closing of the transaction, PersonalizationMall.com will continue to provide product and personalization services to Bed Bath & Beyond and buybuy Baby.. . . more