When Bed Bath & Beyond announced last week it was buying the Container Store for a pittance, CEO Marcus Lemonis touted the deal as a key component of his plan to create a home-oriented conglomerate that includes retail brands, home services, installable products such as flooring and cabinetry, insurance, and more.
“We are building the first everything-home company,” he said in a release, explaining that it is “designed to make homeownership and living simpler and more affordable through a disciplined, interconnected ecosystem.”
