Bed Bath & Beyond Inc. (OTC:BBBYQ) is reportedly in talks to sell its baby gear unit Buybuy Baby to Go Global Retail, the owner of children’s apparel retailer Janie and Jack.
Go Global Retail is planning to keep the baby-focused chain of stores operating after buying it, reported the WSJ.
While Bed Bath & Beyond filed for bankruptcy in April due to slowing business, Buybuy Baby has performed better comparatively.
Source: Business Insider
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