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Today In Retail: Bed Bath & Beyond Inc. Enters Deal To Sell Cost Plus; Authentic Brands Might Buy Arcadia GroupĀ and Debenhams

PYMNTS

has entered into a definitive deal to sell Cost Plus World Market to Kingswood Capital Management, while Authentic Brands is reportedly in discussions with Arcadia Group and Debenhams. Bed Bath & Beyond Strikes Deal To Sell Cost Plus World Market. Authentic Brands Could Buy Arcadia Group And Debenhams.

Branding 131
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Walmart Divests Of Shoes.com, Bare Necessities Brands As Part Of Digital Streamlining

PYMNTS

Walmart is selling two of its online brands in a continuing goal to concentrate on its website. 27) that the Arkansas-based retail giant is scrapping Shoes.com and Bare Necessities, the intimate apparel brand. Also last year, Walmart shuttered its Jet.com eCommerce website and phased out the brand.

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Bed Bath & Beyond Finishes Sale Of Cost Plus World Market To PE Firm

PYMNTS

19) that it has finished its sale of Cost Plus World Market (CPWM) to California-based private equity firm Kingswood Capital Management, according to a statement. Bed Bath & Beyond Inc. said on Tuesday (Jan.

Marketing 130
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Powering eCommerce Food Brands With Plants (And Brownie Points)

PYMNTS

Today, Lam said her concept is a ā€œvegan and gluten-free lifestyle brand and baking mix company that gives back.ā€ (The The target market for the company consists of ā€œthe vegan community and those who are gluten-free,ā€ Lam said. It also has an email marketing strategy and does festivals to gain brand recognition.

Branding 140
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Allbirds Focuses On Store Growth, Global Expansion

PYMNTS

Wool footwear brand Allbirds is wagering on physical retail stores despite the coronavirus. The firm recently closed a $100 million investment round that will partly back physical growth in international markets and bolster the size of its labor force, the Financial Times reported. billion, a bit higher than two years prior.

Retail 256
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This Tiger Global-Backed Company Raised $50M To Help Real Estate Agents Build Their Own Brands

CB Insights

Side , a real estate technology company, has raised $50M in a Series D continuation round with participation from Tiger Global Management, ICONIQ Capital, and D1 Capital Partners. California-based Side is a a real estate technology firm that helps agents, teams, and independent brokerages build their own brands.

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New Cannabis Holding Company Led By PRƘHBTD CEO Raises $25M

PYMNTS

A cannabis consumer goods and marketing holding company led by PRƘHBTD CEO and Founder Drake Sutton-Shearer has launched with $25 million in funding, according to a Sept. and music-driven flower brand Heavy Grass. and music-driven flower brand Heavy Grass. 20 press release.

Company 116