It has been reported that 1-800-Flowers.com will acquire PersonalizationMall.com from Bed Bath & Beyond. The deal is slated to be worth $252 million.
1-800-Flowers.com believes that acquiring PersonalizationMall.com will further the company’s vision to inspire more human expression. The CEO Chris McCann wants 1-800-Flowers.com to the one-stop-shop for personalized gifting.
“We expect PersonalizationMall.com to be accretive to our top and bottom-line results in fiscal 2021,” – Chris McCann