Bed Bath & Beyond is selling its non-core Cost Plus World Market business to Kingswood Capital Management. The transaction includes 243 stores, CPWM's digital business, two warehouses and a corporate office located in Alameda, California. The deal is expected to close before Bed Bath & Beyond's fiscal year-end in February 2021. Its financial terms were not disclosed.
Bed Bath & Beyond is selling its non-core Cost Plus World Market business to Kingswood Capital Management. The transaction includes 243 stores, CPWM's digital business, two warehouses and a corporate office located in Alameda, California. The deal is expected to close before Bed Bath & Beyond's fiscal year-end in February 2021. Its financial terms were not disclosed. 
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