AND THE KITCHEN SINK

Retail Giant Plots Major Comeback With Physical Stores

It comes three years after it went out of business.

Bed, Bath & Beyond is back. The homeware chain will soon return to shopping plazas across the country, its president, Amy Sullivan, tells Axios. The brand, which closed its physical stores after filing for bankruptcy in 2023, says it plans to acquire Elfa, Closet Works, and The Container Store, having already bought Kirkland’s on Thursday, paving a path to re-establish its physical footprint. The Container Store operates over 100 stores, which will become part of Bed Bath & Beyond as part of a $150 million deal closing in July. It comes as part of the brand’s ambition to become an “Everything Home” destination again, three years after it filed for Chapter 11 bankruptcy. “We really want to get into the home services business… It’s a way for us to get closer to the customer and something that is almost e-commerce proof,” Sullivan said. “If you put Container Store and Bed Bath together, it becomes the destination for moving or moving into a dorm.” Sullivan says the company will open brick-and-mortar locations as early as 2027.