Buy Buy Baby's Big Comeback

Benzinga

The group that bought Buy Buy Baby's intellectual property at a bankruptcy-run auction, the owners of baby goods retailer Dream on Me, plans to reopen 11 stores in the Northeast this fall. They plan to return the brand to its glory years with 100 to 120 stores across the U.S. within one to three years. Private investor Jonah Raskas, who brought the dog-walking app Wag! public, plans to reopen five Harmon stores in the tri-state area of New York, New Jersey, and Pennsylvania. Bed Bath & Beyond filed for bankruptcy on April 23 and repaid its creditors by auctioning off its assets.

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00:00 It's Benzinga and here's what's on the block.

00:02 The group that bought 5i Baby's intellectual property at a bankruptcy-run auction, the

00:07 owners of baby goods retailer Dream On Me, plans to reopen 11 stores in the Northeast

00:12 this fall.

00:13 They have an ambition plan to return the brand to its glory years within 100 to 120 stores

00:18 across the U.S. within 1 to 3 years.

00:22 Private investor Jonah Roscos, who brought the dog-walking app Wag public, plans to reopen

00:27 five Harman stores in the Tri-State area of New York, New Jersey and Pennsylvania.

00:33 Bed Bath & Beyond filed for bankruptcy on April 23rd and repaid its creditors by auctioning

00:37 off its individual assets.

00:39 For all things money, visit Benzinga.com.

00:41 [BLANK_AUDIO]

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