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Beyond,Inc。和Kirkland's提供了有关前者与家庭装饰零售商现有信贷协议520万美元扩展的更多详细信息。
Beyond, Inc. (NASDAQ:BYND) and Kirkland's, Inc. (NYSE:KIRK) have provided more details about the former’s $5.2 million expansion of its existing credit agreement with the home décor retailer. The additional capital will allow Kirkland's to accelerate store conversions as it prioritizes the rollout of Bed Bath & Beyond Home and Overstock stores, along with supporting plans for Kirkland's to open BuyBuy Baby and Bed Bath & Beyond True Blue stores.
Beyond,Inc。(NASDAQ:BYND)和Kirkland,Inc。(NYSE:KIRK)提供了有关前者与家庭装饰零售商现有信贷协议520万美元扩张的更多详细信息。额外的资本将使柯克兰(Kirkland)可以加速商店的转换,因为它优先考虑Bed Bath&Beyond Home and BoverStock商店的推出,并为Kirkland's开放Buybuy Baby and Bed Bath&Beyond true Blue商店提供支持计划。
Both companies have also entered an agreement for Beyond to purchase Kirkland's intellectual property (IP) at a future date, subject to senior lender approvals. In fact, the investment signals an even closer working relationship between Beyond and Kirkland's going forward.
两家公司还签订了一项协议,以在未来的日期购买Kirkland的知识产权(IP),但要获得高级贷方批准。实际上,这项投资标志着Beyond和Kirkland之间的工作关系更加紧密。
BuyBuy Baby's Online Rebirth
Buybuy Baby的在线重生
In the ecommerce arena, Beyond relaunched the BuyBuy Baby brand with a "Welcome Baby" event on May 8, strategically timed for Mother's Day.
在电子商务领域,除了5月8日,通过“欢迎婴儿”活动重新推出了Buybuy Baby品牌,从战略上讲是母亲节的时间。
"We are thrilled BuyBuy Baby is back together with Bed Bath & Beyond to create key life stage shopping moments," said Marcus Lemonis, Executive Chairman and Principal Executive Officer of Beyond, Inc.
“我们很激动的Buybuy Baby与Bed Bath&Hearfter一起回来,创造了关键的生活阶段购物时刻,” Beyond,Inc。执行董事长兼首席执行官Marcus Lemonis说。
Also, Beyond has launched the "BABY" digital token, similar to the recently introduced "O" (for "Overstock") token. The crowdfunded offering, managed through Beyond's Zion Peaks subsidiary, of a tokenized digital security linked to certain BuyBuy Baby intellectual property and designed to pay an annual dividend. The O Token met its minimum investment target of $250,000 in less than two weeks.
此外,超越的启动了“婴儿”数字令牌,类似于最近引入的“ O”(用于“托管”)令牌。通过超越锡安峰的子公司管理的众筹产品,该产品与某些Buybuy婴儿知识产权相关的标记数字安全性,旨在支付年度股息。 O代币在不到两周的时间内实现了其25万美元的最低投资目标。
Seeking Synergies Between Beyond and Kirkland's
在Beyond和Kirkland之间寻求协同作用
The new credit agreement also includes an exclusive license for Kirkland's to develop and operate Bed Bath & Beyond Home and BuyBuy Baby stores in a "neighborhood" format, as well as enhanced collaborative efforts to maximize synergies, reduce costs and improve efficiencies.
新的信贷协议还包括柯克兰(Kirkland)的独家许可,以“邻里”格式开发和运营Bed Bath&Beyond Home和Buybuy Baby Stores,以及加强协作努力,以最大程度地提高协同作用,降低成本并提高效率。
"We see a tremendous opportunity to leverage the power of the [Beyond] brand names, which we believe will drive more consistent traffic, improve inventory turns and ultimately raise the productivity of our store base," said Amy Sullivan, President and Chief Executive Officer of Kirkland's.
柯克兰(Kirkland's)总裁兼首席执行官艾米·沙利文(Amy Sullivan)表示:“我们看到了一个巨大的机会,可以利用[Beyond]品牌名称的力量,我们认为这将推动更加一致的流量,改善库存转折并最终提高我们商店基础的生产率。”
Not only does Bed Bath & Beyond Home allow Kirkland's to maximize its current Kirkland's Home branded décor and furnishings, but it gives Kirkland's permission to expand into legacy Bed Bath & Beyond brand categories such as textiles and tabletop to offer décor for every budget and every corner of your home.
Bed Bath&Beyond Home不仅允许Kirkland最大化其当前的Kirkland家用品牌装饰和家具,而且还允许Kirkland允许扩展到传统的Bed Bath&Beyond品牌类别,例如纺织品和桌面,例如为Décor提供Décor,以提供Décor的每个预算和家中的每个角落。
Additionally, Beyond will be allowed to convert outstanding debt owed to it into Kirkland's common stock at a price to be determined later, but subject to NASDAQ shareholder rules if applicable. Beyond also has gained to right to provide a third director to the Kirkland's board if Beyond owns more than 50% of the company's outstanding capital stock.
此外,将允许将其欠款的未偿债务转换为柯克兰的普通股,以稍后确定的价格,但如果适用,则遵守纳斯达克股东规则。如果超越公司拥有该公司未偿还的资本股的50%以上,Beyond也有权为Kirkland董事会提供第三任董事。
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