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flag Bed Bath & Beyond buys Container Store for $150 million.

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

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