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Buy Buy Baby auction is canceled, but buyers are still interested in making a bid

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Bed Bath & Beyond canceled an auction for its Buy Buy Baby business, but the chain could still end up being saved.

Bed Bath & Beyond canceled an auction for Buy Buy Baby, but the chain could still end up being saved.

Dream on Me Industries, a former supplier to Buy Buy Baby, has agreed to purchase the chain's intellectual property for $15.5 million if no better bids arise."Store Closing" signs at a Buy Buy Baby store in the Brooklyn borough of New York, on Monday, Feb. 6, 2023.canceled a Friday auction for its Buy Buy Baby chain because it failed to secure a buyer willing to keep its stores running – but it's not quite over for the baby retailer just yet, CNBC has learned.

 

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