Bed Bath & Beyond Acquires Container Store in $150M Deal

CEO Marcus Lemonis plans to integrate the two brands at over 100 stores nationwide.

Apr. 2, 2026 at 10:52pm

A high-end, photorealistic studio still-life featuring a sleek, modern storage unit and neatly arranged home organization accessories, conveying the merger of Bed Bath & Beyond and The Container Store's capabilities.The acquisition of The Container Store will expand Bed Bath & Beyond's physical retail footprint and product assortment, blending home organization and decor.Coppell Today

Bed Bath & Beyond has announced a $150 million deal to acquire The Container Store, a Texas-based home organization retailer with over 100 locations. The goal is to expand Container Store's product assortment beyond storage and organization into a wider selection of home goods that Bed Bath & Beyond is known for, while also gaining a significant physical retail footprint for the Bed Bath & Beyond brand.

Why it matters

This acquisition is part of Bed Bath & Beyond's strategy to revive its brick-and-mortar presence after the company filed for Chapter 11 bankruptcy and liquidated in 2023. By integrating The Container Store's locations and expanding its product offerings, Bed Bath & Beyond aims to better compete in the home goods and organization retail space.

The details

Under the deal, The Container Store will be rebranded as 'The Container Store/Bed Bath & Beyond' and its locations will feature a combination of merchandise across bed, bath, storage, organization, kitchen, and entertaining. Bed Bath & Beyond will also acquire Closet Works and Elfa, a Swedish home organization system. The acquisition is expected to deliver at least $40 million in annualized cost savings and productivity efficiencies within 12 to 18 months.

  • The acquisition is expected to close in July 2026.
  • Bed Bath & Beyond unveiled plans to reboot the Bed Bath & Beyond brand with physical stores in October 2024.

The players

Bed Bath & Beyond

A home goods retailer that filed for Chapter 11 bankruptcy and liquidated in 2023, but is now being revived by parent company Overstock.com.

The Container Store

A Texas-based home organization retailer with over 100 locations that filed for bankruptcy protection in December 2024 before emerging as a private company.

Marcus Lemonis

The executive chairman and CEO of Bed Bath & Beyond, who is leading the company's revival strategy.

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What they’re saying

“This transaction will fill critical gaps in both our retail and home services strategy.”

— Marcus Lemonis, Executive Chairman and CEO, Bed Bath & Beyond

“Certainly, investors clearly are not jumping for joy over anything that the company is doing at the moment. The stock has been straight down. It's not surprising because this is just a conglomerate of failing businesses that they're trying to make into something.”

— David Swartz, Senior Equity Analyst, Morningstar Research Services

What’s next

Bed Bath & Beyond expects the acquisition of The Container Store to close in July 2026. The company will then work on integrating the two brands and expanding The Container Store's product assortment within the combined store locations.

The takeaway

Bed Bath & Beyond's acquisition of The Container Store is a strategic move to rebuild its physical retail presence and better compete in the home goods and organization market. However, the company's frequent strategy shifts and the conglomeration of struggling businesses raise questions about the long-term viability of this latest revival plan.