Retailers find value in their bricks and mortar

Amy Scott Jan 7, 2020
HTML EMBED:
COPY
Kevork Djansezian/Getty Images

Retailers find value in their bricks and mortar

Amy Scott Jan 7, 2020
Kevork Djansezian/Getty Images
HTML EMBED:
COPY

Bed Bath & Beyond has sold about half of its real estate to a private equity firm for more than $250 million. The deal is known as a sale-leaseback, because the company will turn around and rent the same properties from the new owner. It’s become a popular strategy for struggling brick-and-mortar retailers looking to raise cash.

Click the audio player above to hear the full story.

As a nonprofit news organization, our future depends on listeners like you who believe in the power of public service journalism.

Your investment in Marketplace helps us remain paywall-free and ensures everyone has access to trustworthy, unbiased news and information, regardless of their ability to pay.

Donate today — in any amount — to become a Marketplace Investor. Now more than ever, your commitment makes a difference.