Beyond Completes Sale Of Corporate Headquarters; On Track To Deliver $65M Annualized Fixed Cost Reduction; Company To Maintain Presence In Salt Lake City

Benzinga · 02:21

— Company On Track to Deliver $65 Million Annualized Fixed Cost Reduction —

— Company to Maintain Presence in Salt Lake City —

MIDVALE, Utah, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Beyond, Inc. (NYSE:BYON), owner of Bed Bath & Beyond, Overstock, Zulily, and other online retail brands designed to unlock your family's and home's potential ("the Company"), today announced that it has completed the transaction with Salt Lake County to sell the Company's corporate headquarters located in Midvale, Utah on December 20, 2024. The sale of the corporate headquarters aligns with the Company's strategic plan to reduce debt and fixed costs, free up capital for new growth opportunities, and generate cash flow.

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Beyond Completes Sale Of Corporate Headquarters; On Track To Deliver $65M Annualized Fixed Cost Reduction; Company To Maintain Presence In Salt Lake City

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