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Bed Bath & Beyond buys Container Store for $150 million.
Bed Bath & Beyond has agreed to acquire The Container Store for $150 million, following the retailer's bankruptcy.
The deal includes The Container Store’s Elfa and Closet Works, and will create hybrid stores combining retail and home services.
The company expects $40 million in annual cost savings and has shelved plans to convert Kirkland’s stores.
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Bed Bath & Beyond compra Container Store por 150 millones de dólares.