Bed Bath & Beyond Boxes Up The Container Store For $150 Million

Bed Bath & Beyond (BB&B), the aspiring everything-for-the-home retailer, has had its eye on The Container Store since October 2024. However, a planned deal for Bed Bath & Beyond to invest $40 million in The Container Store quickly fell apart over financing concerns, in November 2024. But now that The Container Store has emerged from a month-long bankruptcy as a private firm in January 2025, BB&B is ready to buy the whole company for $150 million.

In addition to the 100 Container Store locations, the deal, expected to close in July 2026, includes Elfa and Closet Works, which BB&B will use as foundational anchors of its Home Services Pillar. BB&B’s three-pillar strategy also includes the Omni Channel Retail Pillar and the Products and Services Pillar. The former Container Store locations will be rebranded as The Container Store/Bed Bath & Beyond.

“With an average footprint of approximately 21,000 square feet per store, these locations will feature a combination of merchandise across bed, bath, storage and organization, kitchen and entertaining,” said Marcus Lemonis, CEO and Executive Chairman of BB&B in a letter to shareholders.

“We have studied The Container Store business for over 18 months because it brings not only more than 100 trophy locations, but also a culture and operating discipline that aligns with the standards we are building,” said Lemonis in a statement “These locations represent over 2.2 million square feet of premium retail space. We see a meaningful opportunity to better leverage those locations by expanding assortment, introducing additional brands and creating a more comprehensive experience for the homeowner.” 

Amy Sullivan will serve as the new President of The Container Store and will oversee the Omni Channel Retail Pillar, including the performance and integration of the company’s retail brands, which include Overstock.com, Bed Bath and Beyond, Kirkland’s, and buybuybaby.com. Lisa Foley will transition from Chief Marketing Officer to COO, and Brian LaRose will serve as the retailer’s CFO. Anders Hahn, who has served as President of Elfa for the past 10 years, will be promoted to CEO.

In November 2025 Bed Bath & Beyond acquired the Brand House Collective (formerly Kirkland’s) for approximately $26.8 million. In February 2026 Bed Bath & Beyond purchased the Tokens.com blockchain platform, part of CEO Marcus Lemonis’ vision of building an integrated home ecosystem, including financing.