M&A Deal Summary

Bed Bath & Beyond Acquires Harmon Stores

On March 11, 2002, Bed Bath & Beyond acquired retailer Harmon Stores

Acquisition Highlights
  • This is Bed Bath & Beyond’s 1st transaction in the Retail sector.
  • This is Bed Bath & Beyond’s 1st transaction in the United States.
  • This is Bed Bath & Beyond’s 1st transaction in New Jersey.

M&A Deal Summary

Date 2002-03-11
Target Harmon Stores
Sector Retail
Buyer(s) Bed Bath & Beyond
Deal Type Add-on Acquisition

Target

Harmon Stores

Union, New Jersey, United States
Harmon Stores, Inc., a cosmetics, health and beauty retailers with 50 free standing stores in New Jersey, New York, Connecticut, Florida and Pennsylvania.

Search 215,074 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Bed Bath & Beyond

Union, New Jersey, United States

Category Company
Founded 1971
Sector Retail
Employees32,000
Revenue 7.9B USD (2022)
DESCRIPTION
Bed Bath & Beyond storefront in Duluth, Minnesota.
Bed Bath & Beyond storefront in Duluth, Minnesota.

Bed Bath & Beyond is a retailer selling a wide assortment of domestics merchandise and home furnishings which operates under the names Bed Bath & Beyond, Christmas Tree Shops, Christmas Tree Shops andThat! or andThat!, Harmon or Harmon Face Values, buybuy BABY and World Market, Cost Plus World Market or Cost Plus. Customers can purchase products from the Company either in-store, online, with a mobile device or through a contact center. In addition, the Company operates Of a Kind, an e-commerce website that features specially commissioned, limited edition items from emerging fashion and home designers, and One Kings Lane, an authority in home décor and design that offers a unique collection of select home goods, designer and vintage items. The Company also operates Linen Holdings, a provider of a variety of textile products, amenities and other goods to institutional customers in the hospitality, cruise line, healthcare and other industries. Bed Bath & Beyond was founded in 1971 and is based in Union, New Jersey.


DEAL STATS #
Overall 1 of 7
Sector: Retail M&A 1 of 4
Type: Add-on Acquisition M&A Deals 1 of 7
State: New Jersey M&A 1 of 2
Country: United States M&A 1 of 7
Year: 2002 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-06-19 Christmas Tree Shops

South Yarmouth, Massachusetts, United States

Christmas Tree Shops, Inc. is a retailer of giftware and household items.

Buy $200M