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Jim Cramer Loves Bed Bath & Beyond’s Asset Sale, Praises CEO Tritton

In his daily “Stop Trading” segment on CNBC, Jim Cramer took a look at Bed Bath & Beyond (NASDAQ: BBBY).

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The Transaction: On Tuesday, Bed Bath & Beyond announced plans to sell its Christmas tree store business of 80 stores, its linen business and a distribution center. The three non-core assets are expected to bring in $250 million in sales for the company.


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The deal “accelerates the company’s transformation to drive shareholder value creation,” according to the company.

“Today’s announcement builds on the purposeful steps we have made throughout the year to simplify our portfolio, unlock capital and create clear strategic focus to accelerate our plans to build our authority in the Home, Baby, Beauty and Wellness markets,” said CEO Mark Tritton.

Related Link: Bed Bath & Beyond Rallies 35% On Q2 Results: 3 Analyst Takes On The Print

Cramer’s Take: The discussion centered

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Bed Bath & Beyond’s Surprise Sale Is Better Than Any 20% Off Coupon

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You know how Bed Bath & Beyond rarely has sales? Well, here’s an early Halloween treat: they’re offering a ton of home goods at insanely good prices!

For example? You can take $30 off select Ninja appliances, and save $50 off select comforter sets. There’s 25% off select fall shop items to help you decorate for the season, and you can save up to $50 off Shark Vacuums. You can even up your coffee game with 20% off select Starbucks Coffee & Syrups and 20% off Harvest Coffee!

Move Over, Prime Day: Walmart, Wayfair & More Are Having Huge Sales Too!

Here’s all the deals you won’t want to miss:

• 20% off Harvest Coffee

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Bed Bath & Beyond’s Huge Fall Sale Is Full of Thousands of Home Deals

From House Beautiful

With the holidays right around the corner, Bed Bath & Beyond is planning ahead for the season. From convenient shopping services like curbside pickup to early savings events, the retailer is making it easier home essentials for the holidays. Right now, you can get a jump on the holidays because Bed Bath & Beyond is having a huge fall sale with markdowns on thousands of home items.

The fall sale features deals across virtually every category, from bedding and home decor to kitchen and furniture. Whether you want to redo a whole space or just need to replace an old home essential, the fall sale has discounts on everything you need. Looking to upgrade your bedroom? There are plenty of cozy comforters, soft sheets, and down pillows on sale. Plus, you can score 40 percent off nuLoom’s area rug, which has more than 760 5-star reviews. In

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