Retailers find value in their bricks and mortar
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.
Stories You Might Like
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.
