Bed Bath & Beyond Closes Out Sale of PersonalizationMall.com
After a contentious battle to sell PersonalizationMall.com (PMall) to 1-800-Flowers.com (NASDAQ: FLWS), Bed Bath & Beyond (NASDAQ: BBBY) finally sealed the deal on Monday. The struggling housewares chain will benefit from the cash influx as it begins to see higher sales after coronavirus-related store closures. Bed Bath & Beyond has undergone a massive management overhaul since activist investors overthrew the CEO in late 2019 and brought in Mark Tritton from Target to take over.