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Bed Bath & Beyond buys home site One Kings Lane

from USA Today

Bed Bath & Beyond said that it had acquired home furnishings seller One Kings Lane in a deal that pushes the big-box retailer further into the furniture and decorations category and marks a turn for a startup that had high-profile backing. The Union, New Jersey-based retailer did not disclose how much it paid for One Kings Lane, saying only that it was "not material" to the company's finances and would be only "slightly dilutive" to its net earnings. more

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