If you wished the home department store Bed Bath & Beyond would make a comeback, you are in luck. Bed Bath & Beyond filed for bankruptcy and closed its stores in 2023, but the department store made the switch to sell products online after Overstock acquired the store’s intellectual property.

Management at Beyond, Inc., the parent company of Bed Bath & Beyond and Overstock, is doubling down on brick-and-mortar retail despite the challenges facing the sector. This week, the company announced a $40 million preferred equity investment in The Container Store, which includes a licensing agreement.