https://www.cnbc.com/2022/04/22/bed-bath-beyond-stock-jumps-on-report-company-received-a-bid-for-buybuy-baby-unit.html
It seems there are already talks happening.
8 replies (most recent on top)
This is old news. National media was discussing this last month. A couple of hedge funds are exploring potential purchasing.
Sears was well into its crash when they finally started selling off brand names. Ken more, Craftsman, etc.
Lol, a monopoly? Buy buy baby barely generates 1 billion in annual sales, and showed no significant increase when Babies R Us closed in 2018. Almost all those sales migrated to Target, Walmart and Amazon. Nowhere close to a monopoly.
Sears sold the rights to Kenmore right before they crashed.
Sears sold the rights to Kenmore right before they crashed.
The "sell buybuyBaby" talk actually shows Chewy.comboy's impulsiveness and shortsightedness. Baby is a profitable monopoly in its own market. Without it, BBB would not have survived the markdown. The powers that be may have made a lot of mistakes, but this would be the crowning mistake of all mistakes, that not even they would f*** up.
Won’t happen.
Talk, and not much else really.