Bed Bath & Beyond Inc has confirmed an all cash purchase of One Kings Lane Inc, an online specialist in home decor products. “We have followed One Kings Lane and loved its site since its inception, and we were thrilled for the opportunity to provide them with additional support and exposure to promote and grow the brand, ” said Steven H. Temares, CEO of Bed Bath & Beyond. “At the same time, One Kings Lane will serve as a cornerstone for Bed Bath & Beyond’s growing offerings in furniture and home decor, and together we will be able to do even more for and with our collective customers wherever, whenever and however they wish to interact with us, and to further our mission to be viewed as the expert for the home.”
“We are excited to be part of the Bed Bath & Beyond family,” stated Dinesh Lathi, CEO of One Kings Lane. “This is a tremendous opportunity for our customers, as well as our employees and business partners, to benefit from additional support and resources and gain exposure to new customers. We look forward to being able to continue to differentiate our product offerings and refine our point of view to further delight our current and future customers.”
Bed Bath & Beyond is among a number of US retailers now offering shipping to customers in the UK and Europe.
Share