Beyond, Inc. Updates Existing License Agreement and Enhanced Collaboration Terms with Kirkland's, Inc

Published: 2025-05-12 08:30:00 ET BYON

Published on 05/12/2025 at 08:30, updated on 05/12/2025 at 09:20

Beyond, Inc. Updated existing license agreement with Kirkland's, Inc. . The parties have amended their existing License Agreement to include a license to Kirkland?s to open and operate Bed Bath & Beyond Home and buybuy BABY stores within the neighborhood format retail footprint. Enhanced Collaboration Terms: The parties have also entered into an Amended and Restated Collaboration Agreement whereby the parties have agreed to increase the ?collaboration fee?

it receives from 0.25% to 0.50% on all of Kirkland?s brick-and-mortar retail revenue to capture expanded branding opportunity while eliminating Kirkland?s prior 3% royalty obligations on net sales in Kirkland?s-operated Bed Bath & Beyond and Overstock retail locations.