Company Announcements

30% category and SKU liquidation required to make way for Bed Bath & Beyond merger

DALLAS--(BUSINESS WIRE)--Apr. 23, 2026-- The Container Store today announced the launch of a chainwide “Store Changing” event beginning Friday, April 24, as 98 stores nationwide begin resetting selling floors to prepare for the phased integration of Bed Bath & Beyond products.

As part of the reset, the Company will liquidate approximately 30% of select categories and SKUs beginning Friday to streamline assortments, improve space productivity and create room for new products expected to arrive in phases later this year. The initiative is a planned step in reimagining the combined in-store experience.

“This is a reset with purpose,” said Jen Pape, Senior Vice President of Stores at The Container Store. “We are actively reshaping our stores to make room for what’s next. By streamlining select categories today, we’re creating the space and flexibility needed to introduce Bed Bath & Beyond products and deliver a more complete home experience for our customers.”

The Store Changing event begins Friday, April 24, across all locations and online at containerstore.com. For a limited time, customers can shop meaningful price reductions across a broad range of merchandise as stores progress through their reset process. Additionally, stores will open one hour early on Saturday, April 25, and Sunday, April 26, to reward early bird shoppers with an additional 5% discount.

Beginning in May, the identified locations are expected to transition over the following months to The Container Store + Bed Bath & Beyond format, representing the Company’s future operating model. The reimagined stores will combine The Container Store’s organizing solutions, in-home services and expertise with an expanded home assortment and complementary offerings from Bed Bath & Beyond.

The rollout reflects The Container Store’s continued investment in its store fleet and advances Bed Bath & Beyond, Inc.’s broader Everything Home strategy, bringing together organization, furnishings, essentials, services and solutions in one destination designed to better serve how customers live today.

Future locations of The Container Store + Bed Bath & Beyond:

FORWARD-LOOKING STATEMENTS

This release contains forward-looking statements regarding the company’s merger with Bed Bath & Beyond, inventory reduction efforts, and store transformation strategy. These statements are subject to risks and uncertainties, and actual results may differ.

About Bed Bath & Beyond, Inc.

Bed Bath & Beyond, Inc. (NYSE:BBBY) is building an integrated home ecosystem designed to make living in, financing, protecting, and caring for a home simpler, more accessible, and more affordable. Through a portfolio of trusted retail brands—including Bed Bath & Beyond, buybuy BABY, Overstock, Kirkland’s and The Container Store—the Company serves millions of customers through omnichannel experiences that act as the front door to the home. These brands generate meaningful engagement, transaction data, and long-term customer relationships across every stage of home ownership and family life. At the center of this ecosystem is Beyond, the Company’s loyalty, data, and services layer, where commerce, financial services, insurance, and protection products converge. By leveraging an asset-light model and a growing home products and services business—including installation, maintenance, and ongoing care—Beyond reduces friction, lowers costs, and expands access for consumers while increasing lifetime value and engagement. The Company also invests in and operates differentiated blockchain and data infrastructure, including tZERO and GrainChain, which enhance transparency, efficiency, and liquidity across financial services, supply chains, and real-world assets. These capabilities support secure transactions, trusted data, and innovative ownership and financing models aligned with the future of the home. Together, Bed Bath & Beyond’s retail brands, digital platforms, financial and protection services, and technology investments form a connected system designed to advocate for consumers while generating durable, recurring value for shareholders.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260423281194/en/

pr@beyond.com

Source: Bed Bath & Beyond, Inc.