Bed Bath & Beyond makes a deal to get access to merchandise

Bed Bath & Beyond has entered into a vendor consignment agreement with Hilco Global’s ReStore Capital, which will buy up to $120 million in merchandise for sale by the retailer. “Our new vendor consignment program enables us to increase our inventory position in top items that customers are buying and improve the customer experience. This capital-light solution can allow us to strengthen merchandise availability and better fulfill demand,” said CEO Sue Gove. “We are doing what we must to sustain our business immediately and unlock our true value over the long-term – for all stakeholders.”