Announced

Completed

Best Buy completed the acquisition of Yardbird.

Synopsis

Best Buy, a consumer electronics retailer, completed the acquisition of Yardbird, a direct-to-consumer company that specializes in outdoor furniture. Financial terms were not disclosed. “We are excited about the opportunity to use our expertise in merchandising and supply chain to scale this business – both online and in physical locations across the nation. Because customers are looking to us to complete their solutions, we have been expanding our assortment in categories like outdoor living, as more and more consumers look to makeover or upgrade their outdoor living spaces. This includes products like patio furniture, grills, fire pits, and electric mowers, to name a few,” Corie Barry, Best Buy CEO.

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